Today VantageScore released its December 2023 CreditGauge, a monthly analysis highlighting the overall health of U.S. consumer credit. The average VantageScore 4.0 credit score dropped by 0… Read More
Silvio Tavares, President and CEO of VantageScore, was featured in the Associated Press’ story, ‘Americans have become saddled with credit card debt as rent and everyday prices r… Read More
You’ve got to give credit to Visa, Mastercard, Discover and Amex. They’ve managed to build one heck of a booming economy.
Despite surging price inflation, “resilient”… Read More
Dow climbed 141, advancers over decliners better than 2-1 & NAZ was up 11. The MLP index dipped 1+ to the 258s & the REIT index rose 4+ to the 374s. Junk bond funds conti… Read More
Buy Now Pay Later (BNPL) platforms provide an alternative to traditional credit cards by allowing customers to divide the total cost of a purchase into installments. BNPL is gaining populari… Read More
This week, Susan Fahy, EVP, and Chief Digital Officer at VantageScore joined Chuck Jaffe on the “Money Life” podcast, in which she covered December 2023 VantageScore® CreditG… Read More
As we move further into the New Year, the dust is settling around the recent holiday shopping season and its related spending numbers. Heading in, many leading experts were predicting a bann… Read More
Dow rose 165, advancers over decliners better than 3-1 & NAZ fell 30. The MLP index added 2+ to the 262s & the REIT index rebounded 6+ to the 378s. Junk bond funds were h… Read More
Best Debt Relief Companies for February 2024
According to themoneymail, National Debt Relief is the finest overall debt relief provider. Its low-cost fee structure and referral service ensur… Read More
Buying a home is an exciting yet challenging process. As you search for your dream house, having financing pre-arranged can make your offer more appealing to sellers. Going through the mortg… Read More
The United States is grappling with a debt crisis fueled by rising prices, soaring interest rates, and aggressive marketing by lenders. These consumer debt statistics break the problem down… Read More
The Westpac Banking Corp (ASX: WBC) has recently unveiled its first-quarter update for the period ending 31 December, sparking keen interest in the market. This article delves into the key a… Read More
A growing number of Californians – and fellow Americans – are having some trouble paying their bills.
If you want to see evidence of a slowing economy that’s taxing some… Read More
VantageScore, the leading national credit-scoring and data analytics company, today released its January 2024 CreditGauge, a monthly analysis highlighting the overall health of U.S. consumer… Read More
Global markets surged on Friday after U.S. consumer price data aligned with expectations, reinforcing hopes of central bank rate cuts in June. This optimism boosted global shares, with inves… Read More
The Biden administration has recently unveiled a rule aimed at capping credit card late fees, marking a substantial effort to cut down on what it terms as “junk fees.” This move… Read More
Can you borrow your way to prosperity?
American consumers are certainly giving it the old college try.
Consumer debt surged once again in January, rising by $19.5 billion, according to the l… Read More
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News
Now greater odds the central bank will move too late than too early, say economists
Published Mar 12, 2024 • Last updated 50 minutes ag… Read More
The Indian market, with its vast and diverse borrower base, presents unique challenges and opportunities in debt collection. Recent statistics underscore the burgeoning scale of this issue… Read More
The recent surge in credit card expenses and the strain it’s putting on US consumers has turned into a hot topic, especially with delinquency rates hitting a near 13-year high. Here&rs… Read More
Insights from Axel Merk: Analyzing Macro Trends and Monetary Policy Post-Fed Meeting
In a recent interview conducted by Mike Maharrey from Money Metals with Axel Merk, President and Chief In… Read More
As consumer demands evolve and competition intensifies, businesses seek innovative approaches to elevate their brand and retain customer loyalty. Among the strategic options available, offer… Read More
Inflation is biting again in the U.S. and Jerome Powell has a tough decision to make. The Federal Reserve has promised three interest rate cuts in 2024, but the data is really telling them… Read More
Price is about perceptions. It is also about reality.
Which is to say that price involves both perceptions of value and the reality of affordability. The former is competition, expectations… Read More
SAN FRANCISCO — March 27, 2024—VantageScore, a leading national credit-scoring and data insights company, today released its February 2024 CreditGauge, a monthly analysis highlig… Read More
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P.O. BOX 58093… Read More
After moderating credit card spending in January, American consumers pulled out the plastic yet again in February.
Credit card balances surged, driving overall consumer debt up by another $1… Read More
Big U.S. banks are riding a somewhat unexpected wave this year, making a pretty penny from their lending ventures. It’s like the stars aligned for them when whispers began that the Fed… Read More
On Friday (April 12), big banks will weigh in with their latest quarterly results, kicking off earnings season in an official manner.
JPMorgan, Wells Fargo and Citi wi… Read More
TALLAHASSEE — The vast majority of small insurers operating in Florida are considered so financially weak that they wouldn’t typically meet federal guidelines allowing them to… Read More
Dow was up 81 (but 300 below highs at the opening), decliners over advancers 3-2 & NAZ slid back 8. The MLP index hardly budged in the 277s & the REIT index declined 3+ to the… Read More
At President Joe Biden’s recent celebrity-studded fundraiser in New York, former President Barack Obama spoke glowingly about Lunch Pail Joe’s deep empathy for the Little Guy. Ob… Read More
Federal Reserve officials spend a lot of time poring over reams of economic data, but sometimes it pays to take a more hands-on approach, and the Beige Book is designed to do just that.&nb… Read More
Find here the top 10 charts of the week, published on Twitter, that attracted attention among the macroeconomic and/or financial community.
Traders Are Cashing Out of Markets E… Read More
The conversation around the Federal Reserve potentially increasing interest rates is picking up steam. Not long ago, such a notion seemed off the table, but now, it’s a topic gaining t… Read More
Credit Utilization Dropped for Third Straight Month, Balances Rose Modestly, Signaling Trend of Rising Credit Limits from Banks and Lenders
SAN FRANCISCO — April 29, 2024—Vant… Read More
Worried about the state of the banking system? In this insightful video, we dive deep into the latest economic data, analyzing key indicators like inflation, credit card delinquencies, mor… Read More
People shop for frozen food at a store in Rosemead, California on June 28, 2022. – Americans feelings about the economy slumped further in June after falling sharply the month before… Read More
Have Americans finally maxed out their credit cards?
It looks like they may have and that's bad news for an economy that has run on credit cards for the last year.
According to the latest da… Read More
This article comes from Nicholas Pardini’s insightful talk, ‘What Macro Forces Will Dominate Markets in 2024 and Beyond’, at our 2024 Silicon Valley FP&A Summit.What ma… Read More
Find here our morning brief which compiled the main macro news — released on Twitter — concerning Americas, Asia and Europe.
Americas
Markets
#SPX | Roughly 25… Read More
Dow rise 126, advancers over decliners 2-1 & NAZ climbed 122. The MLP index added 1+ to the 279s & the REIT index gained 3 to the 274s. Junk bond funds inched higher &… Read More
As growth slows in large, developed markets, music companies are looking elsewhere for opportunities. Increasingly, companies are targeting superfans, the most fervent and high-spending… Read More
VantageScore 4plus Uses Open Banking Data from Any Aggregator and is Compatible with All Major Credit Reports
VantageScore today announced that its newest credit-scoring model, VantageSco… Read More
Find here our morning brief which compiled the main macro news — released on Twitter — concerning Americas, Asia and Europe.
Americas
Markets
#SPX | One of the… Read More
Setting up a direct debit for your business allows you to automatically collect recurring payments from customers’ bank accounts. This convenient payment method ensures timely and reli… Read More
Presented by the Council of Federal Home Loan Banks: Delivered daily by 8 a.m., Morning Money examines the latest news in finance politics and policy… Read More
Presented by the Council of Federal Home Loan Banks: Delivered daily by 8 a.m., Morning Money examines the latest news in finance politics and policy… Read More
Reading Time: 5 minutesUnderstanding loan delinquency is crucial in today’s dynamic financial services ecosystem as loans play a vital role in most people’s lives. Whether it&rs… Read More
Delinquencies Declined Across All Days Past Due (DPD) Categories compared to March 2024, but Still Remained Higher than April 2023
SAN FRANCISCO —May 29, 2024— VantageScore, a… Read More
Years of elevated inflation and high interest rates are taking a toll on American consumers, who are struggling to maintain their spending habits. Savings accumulated during the Covid-19 p… Read More
Reading Time: 4 minutesWith rising consumer debt levels, increasing pressure on profitability and heightened competition, banks and other non-banking finance companies need to innovate when… Read More
The Biden administration has recently unveiled a rule aimed at capping credit card late fees, marking a substantial effort to cut down on what it terms as “junk fees.” This move… Read More
The share of credit card debt that's more than 90 days overdue rose to 10.7 percent during the first quarter of 2024. Read this in your browser 1. Credit Card Delinquencies Are Rising. Wha… Read More
After struggling for the last two years, credit card borrowers appear to be turning the corner, according to recent VantageScore CreditGauge data.
“There’s reason to be cautio… Read More
VantageScore’s April 2024 CreditGauge analysis reflects improving U.S. consumer credit health. MarketWatch recently covered the most recent CreditGauge findings, which signaled tha… Read More
Delinquent debt payments are still mostly higher than they were a year ago, but are trending in the right direction for now. As recently reported in the Wall Street Journal, VantageScore&rsq… Read More
Welcome to this week’s Market Wrap podcast, I’m Stefan Gleason.
Coming up in a moment, Mike Maharrey talks with Greg Weldon of Weldon Financial. Greg breaks down the latest actio… Read More
Dow was off 41, advancers over decliners 4-3 & NAZ lost 31. The MLP index added 2+ to go over 280 & the REIT index crawled up 1 to the 375s. Junk bond funds drifted lower… Read More