The average U.S. credit score held steady at 701, down one point from last year, signaling slight softening in borrower credit quality. Mortgage delinquencies climbed to a five-year high, while…
Tag:
delinquencies
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Adam Gault December’s credit card data were mixed, featuring a reduction in late payments alongside an increase in banks writing off debt as unrecoverable losses. The average delinquency rate of…
