When you're struggling to keep up with your growing credit card bills, it can feel like you're just one missed payment away from losing control. And in many cases, that's not far from the truth. After ...
U.S. credit card net charge-offs jumped in November, while delinquencies barely moved, in a sign that lenders generally were ...
When money's tight, as it is for many people amid today's mix of rising inflation, growing debt problems and elevated borrowing rates, it's easy for your credit card balances to spiral out of control.
A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...
STAFFORD, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) -- As consumer debt continues to climb and delinquencies rise, new data from Money Management International (MMI) shows that 20% of clients seeking ...
Citigroup Inc.’s C subsidiary, Citibank N.A., reported mixed performance in its credit card metrics for August 2025 in a recent SEC filing. While delinquency rates improved compared with the prior ...
OppFi’s OPFI net charge-offs as a percentage of total revenues indicate the proportion of the company's top line that has been offset by uncollectible loans after accounting for any recoveries. A ...
CEO Michael G. Rhodes stated he is "encouraged and energized by the progress we've made as an organization over the first half of the year," highlighting "double-digit year-over-year growth" in ...