Topic
consumer-credit
8 stories related to this topic, newest first.
news.sky.comfinance15 days ago
UK Mortgage Approvals Fall to 56,200 in May While Consumer Credit Growth Edges Higher
Approvals fell short of the 63,000 estimate and the prior 65,900 reading. Net lending on dwellings and consumer credit also came in below expectations.
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cnbc.comfinance15 days ago
U.S. consumer credit rose $25 billion in March to record $5.14 trillion
Total consumer credit increased by $25 billion in March, reaching a new high of $5.14 trillion. Revolving credit rose $10 billion and non-revolving credit rose $15 billion.
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marketwatch.comfinance42 days ago
U.S. Consumer Loan Delinquency Rate Rises to 8% in Q1 2026
The share of U.S. consumer loans at least 30 days past due rose to 4.8 percent in the first quarter of 2026, the highest level since 2017.
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cnbc.comfinance45 days ago
Auto Loan Delinquencies Reach Record High
The share of auto loan balances that are 90 or more days past due has risen to 5.6 percent, the highest level recorded. Officials at the New York Fed reported the figure.
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news.google.comfinance47 days ago
U.S. Credit Card Delinquency Rate Reaches Highest Level Since 2011
13.1 percent of U.S. credit card balances are now 90 or more days past due. The figure marks the highest rate recorded since 2011.
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pymnts.comfinance62 days ago
U.S. Household Debt Edges Up to $18.8 Trillion in Q1 2026, New York Fed Reports
Total U.S. household debt increased by $18 billion in the first quarter to $18.8 trillion, according to the New York Fed, with mortgage and auto loan balances rising while credit card debt fell seasonally. Delinquency rates matched their highest level since 2017, driven in part b…
pymnts.comfinance62 days ago
U.S. Household Debt Rises to $17.794 Trillion in Q1 2026
The Federal Reserve Bank of New York reported total household debt increased $18 billion from the prior quarter, driven by gains in mortgages, auto loans and HELOCs that offset a seasonal drop in credit card balances. Delinquency rates showed little overall change at 4.8 percent,…
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world67 days ago
US Consumer Borrowing Rose Most Since Late 2022 in March
Total U.S. consumer credit increased by the largest amount since late 2022 in March. The gain was driven by a surge in non-revolving credit along with higher credit-card balances. The Federal Reserve releases the consumer credit report monthly.