The average delinquency rate drifted down to 2.75% from 2.80% in November and 2.86% in December 2019, before the pandemic hit ...
Credit card delinquency rates continue to creep up while net charge-off rates also edge up, indicating that consumers are still in fairly good shape. The average card delinquency rate increased seven ...
The Federal Reserve recently ended its most aggressive interest rate-hiking campaign in four decades. Many expected rising interest rates to thrust the U.S. economy into recession quickly, but ...
Credit trends for card lenders appears to be "just fine" for Q1, as credit card delinquency and net charge-offs slowed in March, according to one analyst. Morgan Stanley analyst Jeffrey Adelson noted ...
Many of the credit card-focused firms under our coverage have developed deep discounts to our fair value estimates as concerns about rising credit costs have been aggravated by recent turmoil in the ...