Browsing: Consumer loans

Economy

Consumer credit delinquencies rose in all 11 closed-end loan categories in the first quarter of 2020 as the coronavirus pandemic and subsequent economic slowdown began in the U.S., according to the American Bankers Association’s Consumer Credit Delinquency Bulletin released today.

Newsbytes

Outstanding household debt increased by 1.4% in the fourth quarter of 2019, rising by $193 billion to land at $14.15 trillion, the Federal Reserve Bank of New York reported today.

Economy

Bank card delinquencies fell in the third quarter of 2019, although they rose in several closed-end loan categories, according to the American Bankers Association’s Consumer Credit Delinquency Bulletin released today.

Economy

Delinquencies were mixed in the second quarter, with delinquencies falling for bank cards while rising for the composite index of closed-end loans, according to the American Bankers Association’s Consumer Credit Delinquency Bulletin released today.

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