Borrowers in the U.S. are defaulting on subprime auto loans at a higher rate than during the financial crisis in 2008. Data from Fitch Ratings shows that the delinquency rate for subprime auto loans more than 60 days past due reached the highest since 1996...
A new survey by ACI Worldwide and Mastercard Advisors showed that late payments on mortgages are reduced when convenient payment methods are present, according to a survey of 400 mortgage-holding U.S. consumers. The companies found that having a convenient payment method lowers call center calls by...
The Consumer Financial Protection Bureau (CFPB) has launched a new online tool that tracks mortgage delinquencies nationwide. In addition to national data, the Mortgage Performance Trends tool features interactive charts and graphs. Currently, the tool shows that national mortgage delinquency rates are at their lowest...
November 18, 2018
Student debt in serious delinquency — 90 or more days — rose to 9.1 percent in the third quarter from 8.6 percent in the previous quarter — the biggest jump in seven years. In fact, the total debt held by Americans rose to $13.5 trillion in the third quarter, according to the Federal Reserve Bank […]
May 15, 2018
Borrowers in the U.S. are defaulting on subprime auto loans at a higher rate than during the financial crisis in 2008. Data from Fitch Ratings shows that the delinquency rate...
February 07, 2018
A new survey by ACI Worldwide and Mastercard Advisors showed that late payments on mortgages are reduced when convenient payment methods are present, according to a survey of 400 mortgage-holding U.S....
October 31, 2017
The Consumer Financial Protection Bureau (CFPB) has launched a new online tool that tracks mortgage delinquencies nationwide. In addition to national data, the Mortgage Performance Trends tool features interactive charts...
