delinquency

Americans are racking up debt and having a difficult time paying it off. The 30 or more day delinquency rate for Discover Financial Services (NYSE:DFS) ticked up slightly in October from 3.84% to 3.87%. This is slightly lower than the Riverwoods, Illinois-based company’s yearly high of 4.02...

Credit delinquency is on the rise. High credit card rates and enduring inflation are hurting consumers, especially those considered “Gen Z.” Here’s the latest New York Fed data about the American consumer. The Data: The New York Fed's Center for Microeconomic Data released its...