Collections & Credit Risk

Other Consumer

• Bankruptcy Filings Are Up In 2010

  Collections & Credit Risk | September 3

  More U.S. consumers filed for bankruptcy through the first eight months of the year than for the same period in 2009, according to the American Bankruptcy Institute.

• New York Regulators Investigate Deceptive Credit Card Marketing

  Collections & Credit Risk | September 3

  New York regulators are conducting an investigation into deceptive credit card marketing practices that target college students at their colleges.

• Credit Losses Could Stay High Longer In This Cycle

  PaymentsSource | September 2

  The banking industry's loan losses could stay elevated for years, recent federal data suggests, even after appearing to peak in late 2009.

• Consumer Confidence Improves After Two-Month Decline

  PaymentsSource | September 1

  Consumer confidence improved slightly in August, reversing directions after declining in both June and July, The Conference Board Inc., a New York-based research organization, reported Tuesday.

• Small-Business Confidence Down Sharply In August

  PaymentsSource | August 31

  Small-business owners’ confidence dropped sharply in August amid increasing gloom about the economy, according to new survey data Discover Financial Services released Monday.

• Auto Loan Late Payments Fall

  Collections & Credit Risk | August 31

  The drop in the auto loan delinquency rate is in line with declines in late credit card and mortgage payments, according to TransUnion's review of 27 million credit reports in its database.