Rising Loan Delinquencies Stress Younger Borrowers' Finances
The Fed’s latest data on household debt notes that younger consumers and lower-income households are facing rising loan and credit card delinquencies.
Source: pymnts.com
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Department Stores Face Pressure From Credit Card Challenges
Retailers are dealing with a pair of card-related threats to their bottom lines: a proposal by the CFPB to lower late fees, and a rise in delinquencies.
United States New York Lorraine Hutchinson Consumer Financial Protection Bureau America Global Research Federal Reserve Bank
Source: pymnts.com
Calculated Risk: NY Fed Q4 Report: Household Debt Increased
A top ranked economics and finance blog with a focus on the housing market
New York United States York Center Consumer Credit Panel Federal Reserve Bank Auto Loan Delinquencies Continue Rising
Source: calculatedriskblog.com
Rising Loan Delinquencies Stress Younger Borrowers' Finances
The pressures of increased debt burdens are put in stark relief with the latest data from the central bank. And the burden is felt keenly among younger…
Source: biztoc.com
A new Fed report shows car loan delinquencies are rising
Researchers at the Fed warn it signals 'financial stress' among younger and lower-income households
Source: qz.com
Auto Loan Delinquency Revs Up as Car Prices Stress Budgets - Liberty Street Economics
The New York Fed’s Center for Microeconomic Data released the Quarterly Report on Household Debt and Credit for the fourth quarter of 2023 this morning.…
Source: biztoc.com
Credit Card and Auto Loan Delinquencies Continue Rising; Notably Among Younger Borrowers
NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The report shows…
Source: biztoc.com
Trade Groups Back Law to Tackle Credit Card Swipe Fees
Retailers and trade associations are throwing their weight behind the Credit Card Competition Act.
United States New York Roger Marshallr Kan York Center Federal Reserve Bank National Retail Federation
Source: yahoo.com
Inflation Expectations Decline Across All Horizons - FEDERAL RESERVE BANK of NEW YORK
NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the December 2023 Survey of Consumer Expectations, which shows…
Source: biztoc.com
Daily Financial Regulation Update -- Tuesday, January 9 2024 | Paul Hastings LLP
January 8, 2024- Secretary of the Treasury Janet L. Yellen gave remarks at the Financial Crimes Enforcement Network. January 8, 2024- The Federal Reserve Board...
Source: jdsupra.com