According to LendingTree, the average monthly car payment was a record-high $738 in the fourth quarter of 2023 (up 2.5% a year prior) and auto loan balances now stand at $1.61 trillion, second only to ...

The Dealertrack Auto Credit Total Loan Index tracks how difficult it is to qualify for all types of car loans. It increased in March, meaning borrowers had an easier time qualifying for car loans last ...

Discover Financial Services on Wednesday reported a 68% drop in first-quarter profit, as the lender set aside more in rainy-day funds to cover for potential credit losses amid an uncertain economy.

The 10 Kenyan-listed banks set aside an extra Sh46.6 billion in the year ended December as a precaution to cover expected credit losses as loan defaults soared last year. According to an analysis of ...

The delinquency rate of credit card users soared to 1.63 percent last year, which is the highest in nine years since 2014.

Many of us are taught that debt is bad and should be avoided. However, if managed properly, some types of debt can be advantageous. For instance, debt that may improve a person's net worth ...

These urban areas are seeing big rises in defaults on borrowing, higher benefits use, and more people without emergency savings ...