British Credit Card Lending Continues Downward Spiral in 2018
British credit card lending noses down a tad more. According to the latest consumer credit statistics released this morning by the Bank of England …
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Credit Card APRs Surpass 30 Year Levels as Prime Rate Hits 5.50%
Credit card rates (nominal) among banks and credit unions issuing Visa and Mastercards nationally increased 35 basis points (bps) in the final three months …
Consumer Financial Obligations Ratio Reflects Lower Credit Card Debt
Financial Obligations Ratio (FOR) and the Consumer Service Ratio (DSR) for U.S. consumer credit continues to edge downward. According to the Federal Reserve, on …
Credit Card Debt Rises Slightly in November Driven by Holiday Spending
U.S. consumer credit card debt (revolving) for November, mostly credit card debt (95%), remained above the $1 trillion level for the ninth consecutive quarter. …
Credit Card Shutdown Will Be Costly – Don’t Get Walled In – Tips for You
If you are a “pawn” caught up in “Great Trump Shutdown” with no paycheck or reduced earnings, then you should take some steps to …
U.S. Credit Card Debt Growing 6.7% Annually — Total Debt to Top $4T in December
U.S. consumer credit card debt (revolving) for October, mostly credit card debt (95%), remained above the $1 trillion level for the eighth consecutive quarter. …
Australian Credit Card Spending Slows as Concerns Mount Over Future Personal Finances
Australian credit card spending and debt growth continues to remain sluggish based on the latest numbers. Credit card outstandings were flat (-0.2%) year-on-year (YOY) …
DATE KILLERS: Student Loans, Credit Cards, Payday Loans – SERIOUSLY?
Three out of four single Americans agree anyone with more than $50K in student loan debt should move on. Only credit card and predatory …
Lenders Lovin the Current Economy as Consumers Pay on-Time – Storm Clouds Gather
Americans are mostly paying their credit card accounts, auto loans and mortgages on time this year. However, with rising interest rates, increasing inflation, overpriced …
Mickey, Ditzy & Debt King to Nuke Student Loan Borrowers & Dismember CFPB
The Consumer Financial Protection Bureau (CFPB) has lost a few teeth as the top guy protecting student borrowers from predatory lending practices has resigned, …
