By many measures, the economy looks strong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Discover Financial Services, like so many peers in the financial sphere, took a charge in the fourth quarter tied to tax legislation passed during the...
Rising interest rates and rising card defaults created an interesting split position for Capital One’s earnings picture for Q3. Get the Full Story Complete the...
As concerns about consumer debt and consumer debt delinquency are rising — and as the instances of both are also on the increase — Discover...
Charge-offs have hit a four-year high — and banks, markets and economy watchers are keeping close tabs on what appears to be the reversal of...
The credit card companies are out with data on May credit card charge-offs, which shows a mixed bag among the different players in the industry....
Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting...