Despite rising inflation and elevated interest rates, Americans are still using their credit cards. A Boston Federal Reserve ...
FICO’s report also highlights a shift in consumers’ credit score distribution. The share of people with scores between 600 ...
HAVE A BREAKDOWN OF THE SIMPLE STEPS YOU CAN TAKE TO START PAYING DOWN YOUR BALANCE. I STARTED TO FEEL THE CRUNCH WHEN I STARTED TO USE CREDIT CARDS FOR JUST DAILY ESSENTIALS. FOR JENNIFER PAEZ, MORE ...
UK consumer credit increased to £1.692 billion, up from the previous £1.669 billion. This marks a rise of £23 million, indicating a higher level ...
Mortgage debt is the primary driver behind rising credit balances Consumer credit delinquencies have reached their highest level in five years, according to the January 2025 edition of CreditGauge ...
With holiday shopping in full swing, the Consumer Financial Protection Bureau is warning credit card companies it’s on to their illegal bait-and-switch rewards tactics used on consumers. Some credit ...
There’s been a big uptick in consumer debt this spring. The Federal Reserve reports that consumer credit in April rose by nearly $18 billion, or 4.3% on an annualized basis. That was a lot more than ...
Total consumer credit rose $40.8 billion in December, after a $5.4 billion decline in the prior month, the Federal Reserve said Friday. In percentage terms, it is the biggest gain since June 2022.
U.S. household debt increased by $185 billion in Q2 2025, reaching $18.39 trillion. Mortgage balances saw the largest quarterly growth, rising by $131 billion to $12.94 trillion. Serious delinquency ...
Industry groups hail ruling as vital for accurate credit reporting A federal judge in Texas has voided a Biden-era Consumer Financial Protection Bureau (CFPB) rule that sought to ban medical debt from ...