Card delinquencies and charge-offs offer evidence of consumers struggling to meet their financial obligations. And credit card balances and delinquencies have been rising as consumer...
Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive...
Credit unions (CUs) have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the...
An increasing number of drivers reportedly owe more on their loans than their cars are worth. It’s a situation known as negative equity, and last...
Lending standards have tightened and demand has weakened in the third quarter of 2023, according to the Federal Reserve’s October Senior Loan Officer Opinion Survey...
Access to a car is crucial for many Americans, especially those living in areas with limited public transportation options. However, the historically high prices of...
The recent surge in delinquency rates on auto loans in the United States has raised concerns about the financial challenges faced by car owners. With...
Surprise overdraft and nonsufficient funds (NSF) fees account for a significant portion of the refunds to consumers by companies announced Wednesday (Oct. 11) by the...
Current economic conditions and consumers’ drive to maintain a certain standard of living has led to a pervasive level of private debt across the economy,...