Broken Record? Credit Card Metrics Surge Again
We recently mentioned a new record on the average credit card interest rate hitting 19.04%. Now comes another high point: ...
Tag: auto loan
Brewing Credit Card Delinquency: Watch for Increases
Before we start getting excited about a drop in the inflation rate, which the Bureau of Labor Statistics just clocked ...
U.S. Bank Launches Real-Time Auto Loan Service
Real-time lending is a type of financial technology that allows borrowers to receive funding in a matter of minutes, rather ...
U.S. Household Debt by Type:
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to ...
Auto Loans, Credit Cards, and Personal Installment Loans: Who Lends What?
TransUnion, a top credit reporting agency, published numbers on lending sources. Spoiler Alert: Banks do not dominate every sector regarding ...
Credit Unions and Credit Cards: Plenty of Room to Grow
The U.S. Government Accountability Office (GAO) is often called the “congressional watchdog” because it oversees how the federal government operates ...
Making Ends Meet Without Credit Cards: It Can Get Pretty Ugly Out There
CFPB just published its review of payday lending, auto title loans, and pawnshops. These three alternatives to the household use ...
Auto Loan Delinquencies Rising; Cards Next?
Before COVID (BC), there used to be a relatively simple hierarchy in payments. The rent or mortgage gets paid first. ...
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