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News Found with the Tag: "Consumers"

Credit Card Default Rate Dropped in June
Credit Card Default Rate Dropped in June

Posted:

The new S&P/Experian Consumer Credit Default Indices is out finding that the overall default rate decreased three points last month. With credit card default rates falling 13 basis points, going down to 3.71%. Yet the auto loan default rate remained stable at 0.93%, and the first mortgage default… Continue reading

News Tags: Consumers, Debt
Consumer Debt Is Up
Consumer Debt Is Up

Posted:

Consumer debt has hit the $1 trillion mark – and this is a first, according to a new study by WalletHub.com. This news comes after consumer debt reached $92.2 billion last year, which has not happened since before the Great Recession hit in 2007. Continue reading

FICO Offers Hundreds of Millions of Free Credit Scores to Consumers
FICO Offers Hundreds of Millions of Free Credit Scores to Consumers

Posted:

FICO has hit a milestone when it comes to providing consumers with free credit scores via the FICO Score Open Access program, with over 200 million U.S. based consumer credit and loan accounts now offering consumers their free scores. Continue reading

Do Consumers Believe in Rewards Programs?
Do Consumers Believe in Rewards Programs?

Posted:

When it comes to rewards programs most consumers do not believe they are rigged, according to a new study by Colloquy, a publishing, education and research practice, with 59% believing that are on the up and up. Continue reading

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