Credit Card Defaults Hit Highest Level Since 2010
Credit Card Defaults Hit Highest Level Since 2010 The Financial Times is reporting that card lenders wrote off $46 billion in seriously delinquent loans in the first nine months of 2024—a 50 percent increase from 2023 and the highest level since 2010. The write-offs...
NY Dept of Financial Services Aims to Increase Financial Regulatory Activities as Many Expect Rollbacks Once Trump Returns to Office
NY Dept of Financial Services Aims to Increase Financial Regulatory Activities as Many Expect Rollbacks Once Trump Returns to Office The New York Department of Financial Services (NYDFS) plans to place more scrutiny on banks, insurers, and cryptocurrency companies as...
44% of Americans Believe Finances Will Improve Next Year, Survey Finds
44% of Americans Believe Finances Will Improve Next Year, Survey Finds Bankrate’s most recent Financial Outlook Survey found that 44 percent of Americans think their finances will improve in 2025, compared to 37 percent from the 2023 survey who said they believed...
