There is a one-in-four chance of a U.S. recession in the next 12 months, a scenario that should keep the Federal Reserve from raising interest rates […]
Installment loan and bank card delinquencies rose in six of the 11 categories in the third quarter of 2018, according to the American Bankers Association’s Consumer […]
Mortgage originations are falling and will continue to do so in 2019, but rising home prices could cause an increase in homeowners seeking to tap into […]
The number of subprime loans originated is increasing with gains across personal loans, credit cards, auto finance, and mortgages. TransUnion’s Industry Insights Report shows that while […]
The cost of fraud has increased in 2018 as the rise of digital lending brings unique fraud prevention challenges, according to the “True Cost of Fraud” […]
New chip-enabled credit cards, which were rolled out to U.S. consumers starting in 2015, were supposed to put an end to rampant credit card fraud. So […]
Experian, FICO and Finicity announced a new credit scoring model that could expand credit access for millions of Americans. The new model, UltraFICO, would look at […]
Once again, Americans are looking forward to splurging on their favorite candy, costumes and decorations during the Halloween season. According to the National Retail Federation’s annual […]