Credit Card Defaults Keep Climbing

Banks continue to write off credit card debt as consumers hurt by record high unemployment default at an increasing rate.

Topics:  credit card   
BING NEWS:
  • Here's what you need to know about credit card defaults
    Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. Here’s what you should know.
    01/18/2025 - 2:30 am | View Link
  • This Week In Credit Card News: Medical Credit Cards Are Being Pushed On Patients
    Medical credit cards are increasingly pushed on patients across America as the costs of health, dental, and veterinary procedures rise. CareCredit had 12 million cardholders and 270,000 participating ...
    01/16/2025 - 11:38 pm | View Link
  • Bankruptcies And Credit Card Defaults Spell Big Trouble For Banks In 2025
    Larger banks are exposed to growing risks. Read why some community banks with conservative models remain safer options.
    01/15/2025 - 11:00 pm | View Link
  • Urgent debt warning as credit card defaults on the rise
    A borrower goes into default when they miss credit card payments for over 180 days, roughly six months. When there is a failure to pay over such a long period, banks generally take this as a sign that ...
    01/13/2025 - 6:36 pm | View Link
  • Record High Credit Card Defaults
    (San Antonio, TX) — One popular New Years Resolution is to make better financial decisions. And, for many, that means cleaning up massive credit card debt.
    01/11/2025 - 9:35 pm | View Link
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