Despite rising inflation and elevated interest rates, Americans are still using their credit cards. A Boston Federal Reserve ...
Average FICO scores have dropped for the second year in a row to a loan not seen since the Great Recession. This might sound ...
FICO’s report also highlights a shift in consumers’ credit score distribution. The share of people with scores between 600 ...
Total consumer credit rose $40.8 billion in December, after a $5.4 billion decline in the prior month, the Federal Reserve said Friday. In percentage terms, it is the biggest gain since June 2022.
Mortgage debt is the primary driver behind rising credit balances Consumer credit delinquencies have reached their highest level in five years, according to the January 2025 edition of CreditGauge ...
There’s been a big uptick in consumer debt this spring. The Federal Reserve reports that consumer credit in April rose by nearly $18 billion, or 4.3% on an annualized basis. That was a lot more than ...
Consumer credit in the U.S. surged to $16.01 billion in July, a significant increase from the previous month’s $9.61 billion. This marks an absolute rise of $6.4 billion, or approximately 66.6%, ...
U.S. household debt increased by $185 billion in Q2 2025, reaching $18.39 trillion. Mortgage balances saw the largest quarterly growth, rising by $131 billion to $12.94 trillion. Serious delinquency ...
U.S. consumer credit swelled by $7.37B in June, slightly trailing the $7.40B consensus and accelerating from $5.10B in May (revised from $5.13B), according to data released by the Federal Reserve on ...
Industry groups hail ruling as vital for accurate credit reporting A federal judge in Texas has voided a Biden-era Consumer Financial Protection Bureau (CFPB) rule that sought to ban medical debt from ...
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