Delinquencies

Delinquencies on credit cards, other loans rise in latest ABA report

07/10/18

An index that tracks late payments on consumer loans inched closer to historic norms, according to data from the American Bankers Association.

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How credit card issuers are prepping for the next downturn

05/31/18

Dark clouds may not yet be on the horizon, but industry executives are sending the message to investors that they know a turn in the credit cycle is coming, and they are planning accordingly.

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Is it time to start worrying about consumer credit?

05/10/18

Household debt is higher than ever, and delinquencies in credit cards and unsecured personal loans are edging upward. Bruce Van Saun, chairman and CEO of Citizens Financial, shares his views on the market and the business opportunities there.

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Credit card use hits all-time high, and debt highest in years

05/08/18

About 175 million Americans now have access to a credit card, and the delinquency rate has gone up along with that, but an expert at TransUnion, which issued the data Tuesday, said the underlying metrics suggest there is no cause for alarm — yet.

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Consumer delinquencies decline as job market improves

04/04/18

Late-payment rates at banks declined in nine out of the 11 consumer loan categories tracked by the American Bankers Association, including credit cards, auto loans and personal loans.

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Synchrony's tighter loan standards yielding mixed results

01/19/18

The Stamford, Conn.-based credit card issuer saw improvement in late payments by its customers, but the pace of loan growth also slowed during the fourth quarter.

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Spike in delinquency rate mars outlook for personal loans

01/09/18

The late-payment rate on loans frequently used to consolidate credit card debt hit its highest level in more than four years.

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Fannie Mae's delinquency rate returns to high last seen in March

01/02/18

Fannie Mae's serious delinquency rate climbed to a high not seen since March 2017, but remained lower than it was 12 months prior.

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Drop in mortgage delinquencies shows no sign of bottoming out soon

12/13/17

The long-running slide in mortgage payments 60 or more days past due will continue next year, and perhaps even longer as borrowers benefit from favorable economic conditions.

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Can words used in loan applications reveal creditworthiness?

10/31/17

Text analysis holds the promise of improving lenders’ ability to evaluate which borrowers will repay, but it also carries substantial risks.

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