Source: en.wikipedia.org
Payday lenders are now offering an array of new financing products that are sending their stocks soaring. According to Bloomberg, Enova International Inc. shares have...
The severe delinquency rate on private label retail credit cards jumped 57 basis points from March of last year and stands at 4.65 percent, according to...
There is much to like in the current economic snapshot of the U.S. The overall unemployment rate has slipped below 4 percent — the lowest...
Will it be a tidal wave of late payments? In what is an example of late payments stretching into the digital realm — beyond the...
Steve Ashbacher’s college-aged daughter doesn’t like charging things to her credit card, especially when the balance gets high — she’d rather pay cash or debit....
The rate of credit card delinquencies jumped 52 basis points (BPS) in the first quarter (Q1) of 2018, and will likely continue to increase over...
Debt, as measured globally, is at the highest levels ever seen, at an aggregate of $164 trillion. Is it time to sound the alarms? The...
China’s economy is strengthening, and new analysis from economists suggests the nation’s corporate debt levels will stabilize this year. But new data from Coface suggests...
Economic tailwinds are helping consumers make timely loan payments. As American Banker reported Wednesday (April 4), delinquent payment rates waned a bit in the fourth...