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…
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…
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…
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…
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…
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…
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…