Revolving Credit Falls; Overall Credit Grows

Revolving consumer credit, which is mostly made up of credit card loans, fell in November by the largest amount in a year, according to a report Thursday from the Federal Reserve Board. Collection & Credit Risk

By |2015-01-10T23:52:51-06:00January 10th, 2015|FDCPA|Comments Off on Revolving Credit Falls; Overall Credit Grows

Overall Default Rates Rise; Card Rate Drops Again

Consumer credit default ranks showed an uptick in September, according to the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults. Collection & Credit Risk

By |2014-10-23T20:11:00-05:00October 23rd, 2014|FDCPA|Comments Off on Overall Default Rates Rise; Card Rate Drops Again

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