Q3 saw fast rate hikes and an uncertain future. How is the US household credit doing? Here is the latest Fed report: 👇 US household debt...

This hasn’t happened in years. I actually got multiple line increases in the last 3 years. Is it a sign of a change in overall consumer...

Top 4 US banks had another strong quarter with credit card purchases, which pulled the credit balance finally back to the level 3 years...

🏠 Interest Rate Dampens Mortgage Activity The Q3 earnings reports show the impact of the fast interest rate hike. Q3 ‘22 mortgage...

Starting from Oct 6, Canadian merchants have the option to add credit card surcharges, with the typical exception in Quebec. How big is...

When I started to work in the US market in 2015, it took me a while to figure out that a preapproval does not necessarily mean you will...

*UPDATE*: Student loan pause extended again to 12/31. Up to $10K student loan/$20K Pell Grant will be canceled. 43M borrowers will...

With their sheer size, credit card has always been a target. Look at recent headlines: 👇 Affirm: Americans trust their ex more than...

Even with some good US data points: July inflation drops to 8.5% July added 528K jobs The horizon is still cloudy with multiple risk...

Q2 saw the steepest interest rate hike. How is the US household credit doing? Here is the latest quarterly report from the Fed: 👇 US...

FICO/Experian BNPL Study (Continued) How would multiple BNPL loans impact a FICO score? Suna Hafizogullari, senior director, FICO Scores...

Actions don’t always match feelings. As confirmed by the credit card numbers in Q2 earning reports. Credit card purchases had a strong...

Interest Rate Effect on Mortgage The Q2 earnings reports provided a glimpse of the latest impact of the interest rate hike. Q2 ‘22...

A WSJ report highlights the rising delinquencies of subprime loans. Some are wondering - have we learned anything from 2008? Actually,...

As the interest rate, the rising cycle begins, How does that impact the credit card industry? This Financial Brand piece highlights...

In the eventful Q1 2022, How is the US household credit doing? Here is the latest quarterly report from the Fed: US household debt up...

In the most recent financial quarter, Visa credit cardholders shopped 22% more Y/Y; MasterCard credit cardholders shopped 19% more Y/Y....

The Fed reported a $42 billion growth in consumer borrowing in Feb 2022. Consumers seem to pay down balances more slowly. This could be...

Payday Loan’s No-cost Payment Plan - Few Used Even though the volume dropped 65% Y/Y in 2020 CFPB continues to focus on payday loan’s...

CFPB published a comprehensive report on credit card late fees on March 29, 2022. In 2020, a total of $12 billion in late fees were...