The clear concern for the multifamily industry is that consumers facing heavy debt service pressures are at greater risk of ...

February credit card metrics, posted on Friday, came in mixed as delinquencies drifted down and net charge-offs jumped higher ...

New bipartisan legislation has been introduced to immediately enforce an interest rate cap of 10 percent on credit cards.

A new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

A government report shows warning signs for consumers as household debt has increased and delinquency rates remain elevated for auto and credit card loans. The Federal Reserve Bank of New York has ...

with delinquency transition rates steady for nearly all types of debt except for credit cards – which had a small uptick in transitions from current to delinquent. Serious delinquency, defined as 90 ...

People over 54 posted the smallest increase of just 1.3 per cent to $3,950. The credit card delinquency rate has also stayed around the 1 per cent to 3 per cent range across the age groups.