Households pay off just 38% of the amount they added to cards in 2015.
CardHub's CEO questions whether 2016 could be the next 2008 for credit markets.
Inflated interest rates on sold charged-off credit card debt earns Citibank $8 million in penalties.
TransUnion cautions the delinquency increase in auto loans and credit cards is slight and not yet significant.
How do these average mortgage, auto, credit card and student loan balances compare to your members?
A new survey reveals young consumers are postponing retirement saving in favor of reducing student loan debt.
A market share of 32% is the second lowest figure the NAR's survey has ever recorded. The lowest was in 1987.
A recent New York Times column urging borrowers to default on their student loans has grave implications for credit unions.
Guide from the NCUF provides tips for credit unions to help members manage medical debt and access to credit.
Public comments initiative launches Thursday with a field meeting in Milwaukee, Wis.