charge-offs

June 7, 2019

April New Business Volume up 11%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for April was $8.8 billion, up 11% […]
June 6, 2019

Household Debt Hits $13.67 Trillion

Total U.S. household debt rose 0.9% from the prior quarter to $13.67 trillion in the first three months of 2019, about in line with the pace […]
May 7, 2019

Banks Hold On to Riskier Credit Card Loans

The credit card loans that banks bundle into bonds and sell to investors are outperforming the loans that lenders have held onto, according to a recent […]
April 30, 2019

Credit Card Charge-Offs Rise

Red flags are flying in the credit-card industry after a key gauge of bad debt jumped to the highest level in almost seven years. The charge-off […]
October 30, 2018

What do Bankers Fear This Halloween Season?

By most accounts, the banking industry is in great shape. The economy is humming, last year’s tax break provided a boost to profits, and President Trump’s […]
June 19, 2018

Leasing Business Volume Down 13%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed their overall new business volume for April was $7.9 billion, unchanged year-over-year […]
June 18, 2018

Credit Card Issuers Prepare for Darker Days

A slump in U.S. consumer credit is inevitable, and the key question is when it will arrive.  The answer has big ramifications for the $1 trillion […]
May 22, 2018

March Equipment Leasing Business Volume Up 18%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for March was $9.1 billion, up 2% […]