discover financial

Discover Card Delinquency Rates Exceed Pre-COVID Levels
Discover Card Delinquency Rates Exceed Pre-COVID Levels
August 15, 2023  |  Credit Cards

Discover Financial says its credit card delinquency rate has topped pre-pandemic levels. In a filing Monday (Aug. 14) with the Securities and Exchange Commission (SEC), the company said...

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Bread, Discover and JPMorgan Chase Report Higher Credit Card Delinquencies
Bread, Discover and JPMorgan Chase Report Higher Credit Card Delinquencies
March 15, 2023  |  Credit Cards

Three companies saw their higher credit card delinquency and charge-off rates rise in February. Bread Financial, Discover Financial and JPMorgan Chase reported in recent press...

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Discover Reports Rising Credit Card Delinquency Rate
Discover Reports Rising Credit Card Delinquency Rate
February 13, 2023  |  Credit Cards

Discover Financial’s credit card delinquency rate has been rising each month since May 2022. The firm said in a Monday (Feb. 13) filing with the...

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Rising Card Delinquencies Fuel Demand for Debt Consolidation Loans
Rising Card Delinquencies Fuel Demand for Debt Consolidation Loans
October 31, 2022  |  Earnings

In navigating the credit cycle, in getting ready for what comes next, prudence is the best policy. Not just for the lenders — for the...

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Analyst: Apple Card Acquisition Costs Estimated At $350 Per Cardholder
Analyst: Apple Card Acquisition Costs Estimated At $350 Per Cardholder
August 15, 2019  |  Apple

Apple Card is here. Beyond the headlines, what’s in the (ahem) cards for backers that include the tech giant and Goldman Sachs?  According to an analysis...

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Discover Notches Stronger Than Expected Q2 Results
Discover Notches Stronger Than Expected Q2 Results
July 24, 2019  |  Earnings

The consensus was mixed among analysts as to what to expect out of Discover Financial when its Q2 earnings hit the wires yesterday afternoon (July 23)....

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Discover Makes All Deposit Accounts Fee-Free
Discover Makes All Deposit Accounts Fee-Free
June 17, 2019  |  Payment Methods

Discover Financial Services said Monday morning (June 17th) that it has ended fees on deposit accounts. The company said in a release that customers with...

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U.S. Credit Card Delinquency Rates Inch Higher
U.S. Credit Card Delinquency Rates Inch Higher
October 17, 2017  |  Payment Methods

Credit card delinquencies increased for three consecutive months, adding to signs that consumers in the U.S. are having a tough time paying their debt. According...

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Earnings Continue to Drive Payments Stocks
Earnings Continue to Drive Payments Stocks
May 01, 2017  |  News

As has been seen in the past two weeks, earnings held sway over payments stocks, and the trend held over the latest sessions. Stocks were...

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