The SEC has charged six credit rating agencies with “significant recordkeeping failures.” If all the credit rating agency’s are corrupt, is there anything that isn’t? September 4, 2024 1:54 pm
America’s GDP is basically rich people buying, poor people using credit, and AI spending; the average Joe can’t even afford Dollar General. August 29, 2024 12:43 pmAugust 29, 2024 10:47 am
U.S. consumer credit card debt hits $1.07 trillion, growth slows but debt still rises steadily. August 27, 2024 7:57 pm
Wisconsin bar owners missing over $16,000 from their Bank Account from Credit Card transactions August 23, 2024 9:59 am
Trump Says That It Is A “Massive Scandal” That Democrats Got Credit For 818,000 “New Jobs” That Never Actually Existed August 21, 2024 9:51 pm
People can’t afford to live: Credit card delinquencies rise for the 11th consecutive quarter August 20, 2024 10:48 am
The American Dream collapses: $79K income vs. $186K needed, 7% credit delinquencies, financial collapse feels imminent. August 12, 2024 9:53 pm
Guy with 400 credit and borrowed down payment threatens dealership sales guy because he offers him an SXT instead of a hellcat lol August 10, 2024 10:37 pm
Consumer credit up 2.4% in Q2; growth surpasses Fed’s 2% inflation goal, supporting higher rates. August 8, 2024 5:13 pm
U.S. hits record $17.8 trillion in household debt; credit card and auto loan delinquencies nearing 2008 highs. August 8, 2024 9:56 am
Current U3 unemployment formula excludes post-2022 immigration; real unemployment worse with illegal entries. typically, credit card delinquencies follow job losses. August 7, 2024 9:53 pm
“US data consistency surprising to the downside since May has re-kindled recession concerns among US credit investors.” – BofA Seliger July 29, 2024 11:29 am
Target now allows single purchases using multiple credit cards for customer convenience. July 23, 2024 7:18 pm
The delinquency rate for credit card accounts nearly or almost completely maxed out spiked to 33% in Q1 2024. Visa reports rare quarterly revenue miss, shares drop. July 23, 2024 7:18 pmJuly 23, 2024 6:44 pm