March 23, 2020
March 23, 2020
We hope this note finds you and your families safe and healthy during this time of turmoil and uncertainty. Throughout the world, society is taking unprecedented measures […]
March 13, 2020
March 13, 2020
Large US banks have begun testing crisis measures in case of a broader coronavirus outbreak that prevents staff from going to work, according to banking sources. […]
March 11, 2020
March 11, 2020
It’s hard to believe that less than three weeks ago the S&P 500 closed at an all-time high. This was largely due to the enduring strength […]
March 10, 2020
March 10, 2020
U.S. consumer sentiment figures for February came in higher than expected despite the recent outbreak of the coronavirus. Consumer sentiment rose to 101.0 in February, nearly matching […]
March 9, 2020
March 9, 2020
American households added $193 billion of debt in the fourth quarter, driven by a surge in mortgage loans, and overall debt levels rose to a new […]
March 4, 2020
March 4, 2020
The average U.S. FICO score hit a record high of 703 in 2019, driven by Americans in their 30s, as a strong labor market helped people […]
February 27, 2020
February 27, 2020
Consumer credit delinquencies were mixed in the third quarter of 2019, with delinquencies rising for the composite index of closed-end loans, according to the American Bankers […]
February 18, 2020
February 18, 2020
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for December was $12.9 billion, up 2% […]
February 17, 2020
February 17, 2020
Credit-card debt rose to a record in the final quarter of 2019 as Americans spent aggressively amid a strong economy and job market, and the proportion […]