While credit card balances edged down in the first quarter, more borrowers still fell behind on their card payments, the Federal Reserve Bank of New York found.
Credit card delinquencies are on the rise, as research from the New York Federal Reserve shows nearly a fifth of borrowers ...
As rates of severe delinquencies rise, the youngest borrowers are having the hardest time keeping up iwth payments as ...
They indicate that aggregate delinquency rates have indeed increased, with approximately “3.2% of outstanding debt in some ...
New York Federal Reserve data published Tuesday shows credit card delinquencies jumped during the first quarter in a sign of ...
Credit Card Delinquencies , Are on the Rise. New York Federal Reserve data that was published on May 15 shows that credit ...
The Federal Reserve reported earlier this year that in late 2023, credit card delinquency rose above three percent for the ...
With inflation continuing to rise, albeit at slower pace, Americans are struggling to pay their bills. The latest evidence is ...
New credit and debt data reveals many Americans are paying late fees on bills and using credit to cover the costs of ...
Almost one-fifth of credit-card borrowers were using at least 90% of their available credit in the first quarter of 2024, the ...
Roughly one in seven (15.3%) Gen Z credit card borrowers have maxed out their credit cards, according to new research from ...
MATTER OF FACT. MOST AMERICANS HAVE SOME FORM OF HEALTH INSURANCE. BUT EVEN WITH THAT COVERAGE, 4 IN 10 HAVE MEDICAL DEBT. A ...