Tag: Revolving Debt

We recently mentioned a new record on the average credit card interest rate hitting 19.04%. Now comes another high point: ...

In a recently published McKinsey report, the firm discusses BNPL lending options, but they include some interesting tidbits about credit ...

Our view of BNPL is mixed. Consumers are ready for something new, as evidenced by the product’s growth. Lenders are ...

While economists vary on when the next recession will come, practical credit policy managers should think it will be sooner ...

BNPL is not the only borrowing tool revived from the annals of banking. This time, it is Installment loans. Just ...

The CFPB published a report on late fees derived from credit cards. There are few surprises. The short takeaway is ...

So far, the first quarter of 2022 looks strong from a credit card risk perspective. Seasonally adjusted credit cards moved ...

The prime rate has been sitting at 3.25% since March 2020. The rate is a historic low, illustrated at a ...

Credit cards help consumers get through their everyday needs. No matter where you are on the economic spectrum, you can ...