Debt

Consumers may be watching their spending, but lenders are watching their lending. Credit card lenders tightened their underwriting standards to...

Today’s WSJ has an optimistic view of consumer credit amidst the current recession. It appears a bit too rosy. Is it that...

Mercator Advisory Group's early view on Current Expected Credit Loss (CECL) was that the Financial Accounting Standards Board (FASB) would...

Payment holidays, also known as payment deferrals or forbearances, were an excellent way to stabilize the payments industry as COVID-19...

Reports are out for second-quarter 2020 results, and as expected, they reflect the impact of COVID-19. Here are what top bankers...

Act 1, Scene 1 of Shakespeare’s Macbeth comes to mind when considering the challenge of credit card lenders today, as...

A general premise about credit cardholders is that there is a sincere commitment to repay.  As with everything, there are...

After spending more than enough time in risk management, one can have an informed view that credit card users care...

Elected officials and regulatory agencies have issued a series of emergency orders, regulations, and guidance in response to the global...