Tag: Debt

Millennials are increasingly concerned about their finances. Instead of setting aside money in a savings account, many millennials are turning ...

Credit card revolving balances hit a historical high, as shown in the Federal Reserve’s most recent update.  Revolving credit card ...

UK fintech startup Yapily has released a new report titled, “Connecting the Dots: Open Banking and Financial Wellbeing,” which surveyed ...

Consumers are continuing to feel the impact of the current economic climate, leaning again on credit cards—like many did during ...

Consumer debt; encompassing credit card debt, student debt and auto loans, but not mortgage debt, continues to rise sharply, as ...

The Canadian credit card market is strong, and while it is roughly ten percent of U.S. volumes, there are innovations ...

While economists vary on when the next recession will come, practical credit policy managers should think it will be sooner ...

There comes a point where the cost of collections exceeds the probability of repayment. Some sophisticated credit card issuers do ...

When a consumer goes to borrow, whether it be a credit card or loan, there is a basic assumption that ...