Debt

Debt
VantageScore Says Top Credit Tiers See Biggest Increases in Late-Stage Delinquencies
August 25, 2025

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...

Debt
Fed Data Shows Credit Card Balances Decline in Q1, but 90-Day Delinquencies Surge
May 13, 2025

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...

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GOP Student Loan Overhaul Puts Limits on Borrowing
April 29, 2025

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....

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CBO Says Debt Limit Change Probably Needed by August or September
March 26, 2025

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...

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Credit Quality Weakens Slightly Among Borrowers Owing Over $100 Million
March 10, 2025

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...

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CFPB Bans Medical Debt From Consumer Credit Reports
January 07, 2025

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,...

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Banks Tighten Credit Access as Demand for Limit Increases Rises
December 09, 2024

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...

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Credit Crunch Crushes Dreams: Millions Face Loan Rejections, NY Fed Reports
November 20, 2024

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...

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CFPB: 63% of Student Loan Borrowers Have Difficulty Making Payments
November 13, 2024

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...