Explore how consumer interest rates affect personal loans, auto loans, and credit card debts. Learn about non-deductible taxes and historical insights.
U.S. consumer borrowing rose by $13.09B in September, against the $10.50B increase expected and $3.13B growth in August (revised from $0.36B), according to data released by the Federal Reserve on ...
There’s been a big uptick in consumer debt this spring. The Federal Reserve reports that consumer credit in April rose by nearly $18 billion, or 4.3% on an annualized basis. That was a lot more than ...
Forbes contributors publish independent expert analyses and insights. Jim Osman is a finance expert with over 30 years of experience. Credit Cracks Are Spreading: Rising Delinquencies And Recession ...
U.S. consumer credit grew by $5.10B in May, less than the $10.4B expected and decelerating from the prior month's $16.87B, which was revised from $17.87B, according to data released by the Federal ...
Credit delinquencies increased from a year ago across almost all VantageScore credit tiers and almost all delinquency categories, signaling that repayment pressures are affecting even the most ...
Aggregate U.S. consumer spending still looks healthy, but that strength is increasingly misleading. Beneath the surface, a ...
Key insight: A new survey of consumer credit companies revealed deteriorating business conditions in the third quarter, and signs of increasing stress among some consumer segments. What's at stake: ...
The average VantageScore credit score was 701 in October, within a scale of 300 to 850. That's steady from a month earlier, and down just one point from October 2024. VantageScore CEO Silvio Tavares ...
Got FICO? Drop below 700, and you’ll be limited to loans carrying the highest interest rates or often no loans at all. Sound outdated? It is.
May 1 (Reuters) - The U.S. Consumer Financial Protection Bureau has joined with industry groups in asking a federal court to scrap a Biden-era regulation barring consumer credit reports from including ...