Tagged: Credit

Mortgage debt is the primary driver behind rising credit balances

"White-collar consumers" experiencing financial strain, compounded by ongoing slump in white-collar employment.

As regulatory roll-backs loom over financial sectors, the CFPB says consumers' financial data rights are states' to forfeit

VantageScore provides the final snapshot of consumer credit health before the U.S. elections

Overall loan balances rose to the highest level in more than four years

Consumer credit utilization decreased to 51.6% down from the prior month, hitting a new four-year low.

Bankrate survey finds 50% of Americans who’ve applied for a loan or financial product since March 2022 have been denied.

30% of millennials and Gen Zers moved up credit tiers within the past two years, more than older consumers.

Q4 2023 American Bankers Association Index indicates a cautious economic outlook for both consumers and businesses.

Creditors must provide specific and accurate reasons for credit denials, even with complex AI models.