Stories Tagged as
Delinquencies
Delinquency rates rise for some types of household debt
by
Justin Ho
Jan 8, 2024
But other positive factors in the economy are limiting the potential damage, economists say, like low unemployment.
It's getting harder to obtain loans. That's exactly what the Fed wants.
Jul 18, 2023
Fewer loans means less consumer spending, and less consumer spending means lower inflation.
Banks are preparing for more loans to go bad as interest rates rise
by
Justin Ho
Aug 8, 2022
They're setting aside more cash to cover delinquencies and taking closer looks at prospective borrowers.
Early in the pandemic, fewer Americans paid their credit card bills late
by
Justin Ho
Jan 26, 2021
Government relief checks helped.
As unemployment skyrockets, so do mortgage loan delinquencies
May 21, 2020
April saw the biggest one-month jump in U.S. home loan delinquencies ever.
Why it matters when you’re 90 days late on a payment
Feb 12, 2020
It can be indication to banks that you're unlikely to pay at all.
Credit card delinquency rates have been rising — especially for young people
by
Justin Ho
May 17, 2019
Oh, and the interest on that outstanding debt? It's getting more expensive.
For public good, not for profit.
With mortgage delinquencies at a low, can lenders afford to loosen up a bit?
by
Amy Scott
May 14, 2019
Consumer advocates say it's time to loosen restrictions imposed after the housing collapse.
As loans come due, farmers feel the financial squeeze
by
Peggy Lowe
Mar 25, 2019
Some farmers are “quietly exiting” because they can’t make a profit.
Household debt is at an all-time high as holiday spending season arrives
Nov 20, 2018
The total debt carried by Americans has reached yet another record high — $13.5 trillion in the last quarter, according to the Federal Reserve Bank of New York. Household debt is now $837 billion higher than its previous peak in 2008. What’s behind rising household debt, and is it something to be concerned about, especially […]