Tagged With Consumer Credit

Credit-card fraud surges 35% as coronavirus freezes the economy and wipes out jobs


US consumer debt jumped to nearly $4.1 trillion in May


Despite rock-bottom mortgage rates, homebuying stalled in April. It shows how the housing recovery has left many out in the cold.



As investors worry about a recession on the horizon, a record 7 million Americans have stopped paying their car loans. Here's why.


Americans stopped buying homes in 2018, mortgage lenders are getting crushed, and an economic storm could be brewing


Australians owe $45 billion on credit cards -- and nearly 2 million people are struggling



Zopa CEO on lender freeze: Popular restaurants don't 'put on more tables, they take reservations'


The Bank of England says UK banks have fundamentally misjudged the quality of British consumer debt and might be heading into a £30 billion hole


RBS is so worried about UK consumer debt that it is delaying launching a new low-interest credit card


"It needs government involvement": Britain's top markets regulator is sounding the alarm on consumer credit


Millennials have very different spending habits than their parents


Banks are cutting back on lending to the riskiest borrowers



Americans hold more credit-card debt than ever


The poorest Americans are suddenly worried about repaying their debts


Brits borrowed £300 million more than expected last month -- and it could be a cause for concern


Scott Morrison is cracking down on credit cards



Americans might be paying their debts backwards


Here's how you'll know if Trump is making America's economy great again


Americans have $12.58 trillion of debt -- here's what it looks like


DEUTSCHE BANK: These 2 risks could derail the US economy