Economic tailwinds are helping consumers make timely loan payments. 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. By completing this form,...
Thanks in part to a rising number of mortgage loans, the debt levels of Americans increased during the last three months of 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When it comes to credit card debt, American consumers aren’t the only ones who are suffering. New results show that the big four U.S. retail banks dealt with an almost 20 percent increase in credit card losses last year. Get the Full Story Complete the...
Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. 15) that he isn’t concerned consumers are having a tough time paying back their debts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Credit card lenders got a break during the spring in terms of delinquencies, but they are beginning to inch higher again in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Student loan debt in the U.S. has jumped nearly 150 percent in the last decade, reaching an all-time high of $1.4 trillion, according to credit scoring company Experian. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
There isn’t much that can be said about the “average” American credit user in 2017 because, as it turns out, there really isn’t one. According to market research provider Gallup’s latest poll, the average American has at least one credit card and about $15,000 in...
The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places. And if one is looking for places where that shift can be seen most acutely, it’s the consumer’s relationship to credit...
America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
