Similar Stories to Credit Card Delinquencies At Record High on Bing News

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Tue, 07/07/2009 - 7:33am

Soaring unemployment and a shrinking economy drove delinquencies on credit card debt to an all-time high in the first quarter.

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US home sales rebound slightly in February
U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Dollar rises above 100 yen for 1st time in 4 years
The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Obama to open middle-class jobs, opportunity tour
Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Retailers report modest gains for April
Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More

BING NEWS:

1 in 7 Gen Z credit card users are ‘maxed out’ — here are 3 ways to get out of debt
There’s never a good time to carry a credit card balance, but right now is arguably the worst time. Experts say there are solutions for those who feel trapped.
05/19/2024 - 9:30 am | View Link
1 in 7 Gen Z credit card users are ‘maxed out’
Roughly one in seven (15.3%) Gen Z credit card borrowers have maxed out their credit cards, according to new research from the Federal Reserve Bank of New York. (The NY Fed defined Gen Z as borrowers ...
05/16/2024 - 11:14 pm | View Link
Credit Card Delinquencies Are on the Rise
Credit Card Delinquencies , Are on the Rise. New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, ...
05/15/2024 - 8:41 am | View Link
A growing number of Americans are maxed out on credit cards, with Gen Z leading the way
Almost one-fifth of credit-card borrowers were using at least 90% of their available credit in the first quarter of 2024, the New York Fed reports.
05/15/2024 - 7:21 am | View Link
Credit Card Delinquencies Surge as Nearly 1 in 5 Borrowers Maxed Out, New York Fed Report Reveals
Credit card delinquencies are on the rise, with nearly a fifth of borrowers "maxed-out" on their available credit, according to a new report from the New York Federal Reserve's Center for ...
05/15/2024 - 4:37 am | View Link
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