Credit card performance metrics are showing signs of “consumer distress,” the Federal Reserve Bank of Philadelphia said Wednesday (April 9). Both the percentage of credit...
The latest data on consumer borrowing indicates that households pared back on debt — overall — in February amid headlines and uncertainty about tariffs. Spending...
November’s stats from the Federal Reserve on consumer credit — known as the G.19 report — show a reversal from recent months, where households kept...
New Federal Reserve data shows American consumers’ credit card debt continuing to climb. The data, released Friday (Dec. 6), showed U.S. consumer credit climbing from...
Consumers’ total outstanding credit increased by $8.9 billion in June, with a rise in non-revolving credit partially offset by a decline in revolving credit. Non-revolving credit...
Consumers were not shy about loading up on the cards in May. The latest data from the Federal Reserve, released Monday (July 8), show that...
As consumers look for ways to make ends meet, many of those who do not have a financial safety net are forced to carry their...
Consumers loaded up on debt even before the holidays and into Black Friday — and those of us living paycheck to paycheck may feel the...
Consumers’ total outstanding credit leapt by $23.7 billion in November after growing by $5.8 billion the previous month. Revolving credit accounted for $19.1 billion of...