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CREDIT CARD DELINQUENCIES
Fintechs capture 57% share of small personal loans as stress mounts: RBI reportFintech lenders now dominate India's small personal loan market, holding over half of loans under Rs 50,000 by March 2026. This rapid expan...- Retail loan stress is the new growth driver for ARCsDuring 2025-26, ARCs acquired stressed debt worth more than Rs 2 lakh cr, comprising Rs 1.5 lakh cr of corporate loans and Rs 50,000 cr of ...
- Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
- Free airport lounge access via credit cards is getting tougher as banks tighten entry rules, set minimum spending criteriaThe logic is simple: lounge access has become a heavily used perk. Banks earlier assumed that only premium customers or frequent flyers wou...
- Off the tough route to loan recoveryA recent video from Pune shows loan recovery agents using force against a borrower. This incident reveals problems within Indian banks. Ban...
- SBI cards sells Rs 1,800-crore bad loans to Integro FinservSBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion of its stressed credit card debt, v...
- After the national debt, another crisis looms for America: Credit Card debt — warning signs you shouldn't ignoreCredit card debt crisis US: Millions of Americans are increasingly relying on credit cards for daily expenses due to rising living costs. O...
- Consumer debt crisis deepens: Americans are falling behind on credit cards, loans, and mortgages - is it time to worry?Americans now owe $18.6 trillion in household debt. United States consumer debt crisis is growing fast. Millions of borrowers are strugglin...
- US household debt soars to record $18.6 trillion — is a financial crunch coming?U.S. household debt has reached a new record of $18.6 trillion, showing that many Americans are borrowing more for student loans and credit...
- How fast you take loans also impacts your credit score, not just the amount: Bhavesh Jain, MD & CEO, TransUnion CIBILA lot more needs to be done to educate borrowers on the finer aspects of credit behaviour. Often, the borrowers don’t understand the impact...
- This is huge! An average American now carries $6,329 in credit card debtLast week, Federal Reserve Chairman Jerome Powell indicated a cut in the bank rates in September. However, experts believe the Fed may conv...
- Credit Card default surges as retail credit growsCredit card payment defaults have surged in June 2023 despite the growth of credit card lending. Unsecured credit portfolios and small-tick...
- Home loan demand dips in December qtr as rate hikes pinchSince May 2022, the RBI has raised its benchmark repo rate by 250 basis points (100bps = 1 percentage point) to 6. 5% — which banks have pa...
- Higher delinquencies in credit card, loans against property segments in retail lending: ReportAs of August-end, the loans overdue for over 90 days in the credit card segment were 0.51 per cent up from the year-ago period at 2.32 per ...
- Cibil’s survey shows credit card payment by Indians highIndia tops the rank in the percentage of credit card holders that often make payments in excess of their minimum due on their revolving deb...
- About 92% of Indian credit card holders shows good repayment habit, says TransUnion CibilIt said that about 92% of credit card holders often pay a greater amount than the minimum due, following its survey of 1,100 consumers acro...
- Banks keeping close watch on credit card duesCredit card delinquencies or bad debts peaked in India to 6% (of the total dues outstanding) in the aftermath of the 2008 financial crisis.
- Consumers avail credit facility on their credit cards againAfter a gap for over four years, consumers have once again started availing of the credit facility on their credit cards to tackle rising p...
- US credit card delinquencies rise in sign of stressUS consumers are having increasing problems making credit card payments in another sign of economic stress, according to new banking indust...
- Lack of credit monitoring hits card repaymentsLack of proper credit monitoring, coupled with exponential growth in card issuances, has caused increase in late repayments. Guarding credi...
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