Top

FCC commissioner slams the agency for rejecting Elon Musk's bid for $886 million in funding to SpaceX's Starlink satellite internet...

UK inflation reaches 10.1% on soaring food, energy costs

The US says India veiled the origin of Russian fuel shipped to New York, according to a top Indian central banker...

Consumer prices rose by 8.5% year over year in July as the summer of inflation wears on...

Diverging Jobs Data Raise Questions About Labor Market Health

Tag: charge-off rate

Consumer credit metrics slip further

December 16, 2022

Via: Payments Dive

Delinquencies and charge-offs continue to worsen for major credit card issuers, as consumers battle higher prices and unemployment creeps up. Discover Financial Services and Synchrony Financial this week each reported increases in delinquencies and charge-offs. Although net charge-off rates have […]