Consumer Credit Growth Plunges in July With Huge Negative Revisions (Wasting Away In Bidenomicsville!) September 11, 2023 2:40 pm
A massive credit card debt catastrophe is coming. Even though we are not yet in a recession, banks are already perilously close to collapse. September 8, 2023 12:00 pm
The current accumulation rate of credit card debt may lead to rapid delinquency, potentially triggering a bear run and potentially a recession. September 7, 2023 11:14 pm
Visa And Mastercard Report That The Credit Card Crisis Nobody Thought Possible Is Already Upon Us September 7, 2023 9:20 am
Americans are defaulting on their credit cards and auto loans at levels not seen since the financial crisis. September 7, 2023 9:05 am
US Beginning Credit Super Cycle (Bidenomics = Inflation, Rising Debt, Rising Delinquencies) Mortgage Rates UP 158% Under Bidenomics September 6, 2023 4:36 pm
US credit card debt has reached a record high of $1 trillion dollars, with an average interest rate of 20.63 percent, indicating a potential debt crisis. September 5, 2023 3:33 pm
Banks constrain liquidity, causing tightening as money market funds suck up deposits, provision for credit losses, impacting consumption September 4, 2023 9:18 pm
Investors lower outlook for consumers as student loans, credit card debts pile up September 1, 2023 7:16 pm
Corporate profits decline 6.5% in 2Q23, worst since pandemic; Credit managers index nears recessionary levels… ‘September will be hell’ August 30, 2023 4:03 pm
Credit conditions likely to worsen; Consumer confidence plummeting; Fewer are quitting their job August 30, 2023 10:34 am
Azher Abassi, the Federal Reserve’s Executive Vice President Supervision + Credit and head of bank supervision in San Francisco, which had oversight of Silicon Valley Bank and First Republic, will retire effective October 31st. His replacement starts October 1st. August 29, 2023 7:37 pm
‘Credit availability is going to be a major concern for businesses’ August 29, 2023 8:16 pmAugust 29, 2023 4:36 pm
Credit Cards 101: The “minimum payment” you should make IS your statement balance. August 28, 2023 10:26 am
Credit Suisse posted $4 billion loss in second quarter, Sonntagszeitung reports, which cited insiders at the bank. August 27, 2023 9:30 pm
Macy’s reports uptick in credit card delinquencies – as America’s household debts swell to $1 TRILLION thanks to rampant inflation and higher interest rates August 26, 2023 10:48 pm
Credit Card Loans Delinquency Rate Highest in 10 years – The “resilient consumer” is slowly but surely closing in on the cliff August 25, 2023 9:47 am
The BLS ADMITS: “JOBS NUMBERS ARE FAKE!” Banks CUT OFF CREDIT To US Small Businesses! August 24, 2023 10:43 am
Current debt levels are dangerously high, with $17.1 trillion in household, $12.0 trillion in mortgage, $1.6 trillion in auto loans, and $1.0 trillion in credit card debt. August 21, 2023 10:35 am
Dr. Joseph Mercola on Chase Bank’s ‘Chinese Credit Score’ Being Used Against Him and What Comes Next [VIDEO] August 19, 2023 9:55 pm
Once you hit this credit score, ‘there’s no benefit to scoring higher,’ says expert: ‘It’s just bragging rights’ August 18, 2023 3:08 pm
Personal Savings GONE… Americans’ credit card debt breaks record of $1 trillion as interest rates climb August 18, 2023 10:53 am
Shoplifting out of control – Rising theft has come with higher credit card debt and declining US savings. August 17, 2023 10:24 am
