While credit card balances edged down in the first quarter, more borrowers still fell behind on their card payments, the Federal Reserve Bank of New York found.

As rates of severe delinquencies rise, the youngest borrowers are having the hardest time keeping up iwth payments as ...

Credit card delinquencies are on the rise, as research from the New York Federal Reserve shows nearly a fifth of borrowers ...

Credit card delinquencies are on the rise, with nearly a fifth of borrowers "maxed-out" on their available credit, according ...

A growing number of Americans are maxed out on their credit cards. Nearly one-fifth of credit card borrowers were using at least 90% of their available credit in the first quarter of 2024.

About one in seven Generation Z credit card borrowers have maxed out their credit limit. Now, that's from the Federal Reserve ...

Roughly one in seven (15.3%) Gen Z credit card borrowers have maxed out their credit cards, according to new research from ...

According to data from the Mortgage Bankers Association, mortgage loan delinquencies on 1-to-4-unit homes rose 38 basis ...

With inflation continuing to rise, albeit at slower pace, Americans are struggling to pay their bills. The latest evidence is ...

Credit participation in Canada continued to rise, led by new-to-country and Generation Z consumers, driving total debt to ...

The average credit card currently charges 20.66% interest on balances, making cards one of the most expensive ways to borrow, according to Bankrate. At the same time, credit card usage is soaring and ...

The report assumes significance as the Reserve Bank of India has been contemplating on setting up a fraud registry to check rising incidents of fraud in the banking sector.(AP) Fraudulent credit ...