Tuesday, October 11, 2016
Two measures of financial distress—use of all available credit and payment delinquencies—actually dropped around the Great Recession.
Monday, August 08, 2016
Banks passing credit expansions to consumers don’t seem to send them to people most wanting to borrow more.
Tuesday, August 02, 2016
Seriously delinquent mortgage debt, credit card debt and HELOCs all fell in the first quarter, while seriously delinquent auto and student debt rose.
Monday, January 11, 2016
Loan growth at commercial banks decreased more substantially and remained negative longer following the Great Recession than following the two previous recessions.
Tuesday, May 05, 2015
When consumers can’t pay their credit card bills, they choose between delinquency and bankruptcy. By treating delinquent borrowers differently according to their current financial conditions, lenders can maximize repayment and make a difference in whether or not a household chooses bankruptcy.