Credit Card Chaos: Delinquency Peaks, Balances Soar, and Interest Rates Hit the Roof… Brace for Impact! January 23, 2024 10:21 am
Credit Card and Auto Loan Defaults Hit 2008 Levels as Credit Card Debt Soars to Record $1.08 Trillion, Signaling An Imminent Financial Crisis January 15, 2024 6:39 am
Credit card Rates hit an all time high of 21.4 %. America is now a Loan Shark Operation. January 12, 2024 7:14 am
Economic Warning Signs: Real-Time Credit Card Spending Drops, 85% of Americans Deem it a Poor Time to Buy Homes. January 3, 2024 10:19 am
Fed’s ‘Tinderbox Time Bomb’: Wall Street Bear Predicts Imminent Market Crash… Greatest Credit Bubble in Human History Ready to Burst.. January 1, 2024 7:47 am
Walmart adopts “Buy Now, Pay Later”; BNPL hit an all-time high on Cyber Monday up +42.5% YoY; Record year projected, amid high credit card debt and declining savings. December 20, 2023 10:11 pm
Rising Credit Card Balances and Economic Discontent: Unpacking the Reality of Worsening Inequality December 20, 2023 9:30 am
U.S. Consumer Credit Growth Slows to 1.2% in October, M2 Money Supply Contracts Sharply December 19, 2023 3:40 pm
Lower interest rates coming soon? Strong household and corporate finances, coupled with resilient credit quality, suggest increased borrowing potential; paradoxically, expected rate cuts may hinder actual cuts. January 3, 2024 9:35 amDecember 12, 2023 8:33 am
Default Cycle Unfolds: Texas Apartment Syndicator Faces Losses, Echoing Broader Warning Signals in Credit Market December 8, 2023 10:24 pm
The Reckoning Begins….Mortgage rates are over 7%. Student loan repayments have started again. There are no more pandemic handouts. Americans’ savings are depleted, and their credit cards are tapped out… December 8, 2023 10:11 pm
Consumer Crunch: Americans Struggle as Credit Card Delinquency Soars and Inflation Takes a Toll December 7, 2023 2:40 pm
Bofa reduced my credit limt from $20000 to $200 erroneously! Any one has experience with this? December 7, 2023 11:30 am
Moody’s lowers China’s credit outlook due to debt concerns; also downgrades US debt rating outlook. December 5, 2023 3:10 pmDecember 5, 2023 2:21 pm
There is a mounting probability of a looming surge in massive credit card loan delinquencies and defaults. December 5, 2023 3:09 pmDecember 5, 2023 1:57 pm
Millennial credit card delinquency is on the rise, while spending has hit a record low. December 4, 2023 10:15 pm
S&P Global Market Intelligence: UBS is least efficient bank in Europe in Q3 2023. A hefty $785 million loss paired with a 91% surge in operating expenses due to Credit Suisse. Those Credit Suisse bags are HEAVY! December 1, 2023 9:30 am
