Bank card and closed-end loan delinquencies rose in last years fourth quarter but were still near record lows, according to the American Bankers Associations Consumer Credit Delinquency Bulletin. Collection & Credit Risk
Two credit-reporting companies say that a jump in lending to borrowers with poor credit has helped lead to a growing number of Americans falling behind on their car payments. Collection & Credit Risk
Subprime auto loan delinquencies have risen to levels that are higher than before the financial crisis and arent rising at the same pace as loans to others, Citigroup analysts wrote in a report, without citing specific issuers. Collection & Credit Risk
The gradual improvement in Americans' financial situations has led to a record low level of delinquency rates. Collection & Credit Risk
TransUnion attributes the improved delinquency and debt rates to consumers paying off charges made during the holiday season as well as consumers using their tax refunds to pay off debts. Collections - Credit Card
