By Katherine Masters and Ananya Mariam Rajesh (Reuters) – Major U.S. department stores including Macy’s and Nordstrom are flagging delays in store credit card repayments, another risk to revenues as …
delinquencies
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Average Americans Are Struggling To Pay For Their Cars Following Delinquencies, Price Increases Will Kessler on August 21, 2023 Heightened rates of auto loan delinquency and increased costs reveal that …
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By Matt Tracy (Reuters) – Nearly $12 billon of loans in U.S. commercial mortgage-backed securities (CMBS) became newly delinquent, pushing the late payment rate up by 34 basis points from …
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By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – U.S. consumers will fall behind on their personal loan and credit card payments next year at the highest rates since …
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The national delinquency rate fell to 2.80% in April, down four basis points from March, hitting a new record low for the second consecutive month Overall delinquencies are down nearly …
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The national delinquency rate dropped by more than half a percentage point in March, falling to 2.84% and shattering the previous record low of 3.22% in January 2020 While March …
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Though past-due loans edged higher (+1.8%) in February, the national delinquency rate remains near pre-pandemic levels heading into March, which typically sees strong seasonal performance improvements February’s increase was driven …