Late-stage delinquency rates increased across all credit scores in July, compared to a year earlier, with the greatest percentage increases seen among the highest credit tiers, according to VantageScore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The latest data on household debt from the Federal Reserve Bank of New York, released Tuesday (May 13), indicated that consumers paid down some of their credit card debt in the first quarter of 2025. Get the Full Story Complete the form to unlock this...
House Republicans have introduced their plan to overhaul the U.S. student loan system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The Congressional Budget Office (CBO) said Wednesday (March 26) that if the debt limit is not raised or suspended, the government’s ability to borrow will probably be exhausted in August or September. Get the Full Story Complete the form to unlock this article and enjoy...
The credit risk associated with large, syndicated bank loans remains moderate, although there are some continuing trends in weakened credit quality, three federal bank regulatory agencies said Monday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Medical debt will no longer appear on consumers’ credit reports under a new government rule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
A dramatic rise in credit card debt over the last several years has pressured paycheck-to-paycheck consumers, with a disproportionate burden on those individuals and households that find themselves struggling to pay for the essentials of daily life, such as groceries. Get the Full Story Complete...
Credit is getting harder to come by, especially for auto loans, mortgages and those with low credit scores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Most student loan borrowers have had difficulty making their loan payments, but many don’t know they could choose a different repayment plan that could help lower their payments, the Consumer Financial Protection Bureau said Wednesday (Nov. 13). Get the Full Story Complete the form to unlock...