Macy’s rocky holiday season signals consumers are hesitant to use plastic — particularly private-label cards. Friday after the stock markets closed, the retailing giant issued a press release that noted that fourth-quarter sales, which includes the all-important holiday shopping season, will come at the lower...
New data shows that Americans are on pace to accumulate a collective $4 trillion in consumer debt by the end of 2018. LendingTree, the nation’s leading online loan marketplace, released its first Consumer Debt Outlook for May 2018 — it found that collectively, Americans owe...
June 15, 2023
Credit card delinquency rates at two of America’s biggest lenders remained low last month. Reports Thursday (June 15) from Seeking Alpha (SA) showed delinquency rates holding steady for both American Express and JPMorgan Chase. Meanwhile, Capital One saw its delinquency rates and net charge-off rates rise in May, bringing the company’s delinquency rate back to […]
May 11, 2018
New data shows that Americans are on pace to accumulate a collective $4 trillion in consumer debt by the end of 2018. LendingTree, the nation’s leading online loan marketplace, released...
