Younger consumers — Gen Z and millennials among them — boosted American Express’ results, as disclosed on Friday (July 21). But beyond the confines of...
For the U.S. consumer, call it a case of digesting the debt that’s already on the books. To that end, the Federal Reserve said Monday...
The Federal Reserve’s interest rate increases are reportedly starting to erode consumer and business purchasing power. The cumulative increases made by the Fed since March...
Consumer credit grew at a seasonally adjusted rate of 5.7% in April. Revolving credit increased at an annual rate of 13.1% during the month, while...
The red lights are flashing. Credit is becoming more expensive, lenders are becoming more restrictive. Yet consumers are still spending. They still want to spend...
Bank charge-off rates indicate possible trouble on the horizon as consumers increasingly miss monthly payments. It can take just a single life event to turn...
Hometap has launched a digital platform designed to help homeowners make more informed financial decisions about their home. The new Home Equity Dashboard allows homeowners...
Truv has acquired Credegraph to expand its lending verification offerings. The acquisition adds Credegraph’s credit decisioning platform to Truv’s consumer-permissioned data platform, the companies said...
For U.S. consumers, the juggling act of which bills to pay — and when — is real. To that end, the loan data from bank...