Browsing: Consumer credit

Economy

Consumer credit delinquencies rose in the fourth quarter of 2020, following two consecutive quarters of declines, as the pandemic-induced recession weighed on the economy, according to ABA’s Consumer Credit Delinquency Bulletin released today.

Economy

Top economists from the largest U.S. banks anticipate substantial improvement in consumer and business credit market conditions in the next six months, according to American Bankers Association’s Credit Conditions Outlook released today. 

Economy

The nation’s top bank economists observed that the outlook for credit quality and availability rebounded for both consumers and businesses after bottoming out last summer, according to the American Bankers Association’s new Credit Conditions Outlook released today.

Newsbytes

Consumer credit delinquencies declined in eight out of 11 closed-end loan categories in the second and third quarters of 2020 amid significant fiscal support and sound financial management from consumers, according to ABA’s Consumer Credit Delinquency Bulletin released today.

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