Child Tax Credits & Credit Card Debt: A Funky Trend, but Take It as a Win
Since the early days of COVID, the United States Census Bureau amped up its wide range of analytic tools. The ...
Tag: Revolving Debt
Learn how revolving debt impacts consumer credit, focusing on the role of credit cards and loans in managing ongoing balances within the payments and banking industry.
Credit Purchases and Revolving Debt Declined in 2020:
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Revolving Debt Generates Interest Revenue:
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Inflation, COVID, and Credit Cards
You’ve heard all the good news about credit cards as 2021 closes out. Revolving debt volumes are up, credit losses ...
Turkeys, Inflation, and the Ability to Repay Credit Cards
Inflation creates risk in the credit card business. The typical U.S. household, with a median income of $68,521, must juggle ...
Lack of Confidence: Credit Card Lenders Tighten Standards to a New Peak
Consumers may be watching their spending, but lenders are watching their lending. Credit card lenders tightened their underwriting standards to ...
Credit Card Gloom and Doom: It Depends Whom You Ask
Today’s WSJ has an optimistic view of consumer credit amidst the current recession. It appears a bit too rosy. Is it that ...
Revolving Credit Cards and the “T” Word
It appears that slightly less than $1 trillion in revolving credit card debt is a sweet spot for the United ...
A Novel Approach to Managing Credit Card Losses in a COVID-19 World
The critical problem about COVID-19 and credit risk is that the households across the world face cashflow issues, rather than ...
Advice for Card Issuers Battling Back against Marketplace Lenders:
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