Tag: credit trends

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Subprime credit card limits highest in 5 years — to th...

Subprime and deep-subprime card limits increased in the first six months of 2016, while the 60+ day delinquency rate decreased by 6%. Overall, consumers...

Read More Subprime credit card limits highest in 5 years — to the tune of $6.4 billion
Mortgage originations continue to increase...

According to the latest Experian-Oliver Wyman Market Intelligence Report, mortgage originations for Q2 2015 increased 56% over Q2 2014 — $547 billion versus $350 b...

Read More Mortgage originations continue to increase
25% year over year increase in mortgage originations...

Mortgage originations kicked off Q1 2015 with a 25% year over year increase to $315 billion....

Read More 25% year over year increase in mortgage originations
Study analyzes student loan trends...

Consumer debt for every major consumer lending category has decreased over the past few years, except for student...

Read More Study analyzes student loan trends
HELOC activity on the rise...

According to the latest Experian-Oliver Wyman Market Intelligence Report, home equity line of credit (HELOC) originations warmed up significantly heading into...

Read More HELOC activity on the rise
Refi activity continues to impact mortgage origination...

According to the latest Experian-Oliver Wyman Market Intelligence Report, mortgage originations for Q1 2014 decreased by 53 percent over Q1 2013 - $235 billion versus $515 billion,...

Read More Refi activity continues to impact mortgage originations
Average debt amounts increase while average credit sco...

Experian's most recent Credit Trends study analyzing current debt levels and credit scores in the top 20 major U.S. metropolitan areas found that Detroit, Michigan, residents have the lowest average debt ($23,604) and Dallas, Texas, residents have the highest average debt...

Read More Average debt amounts increase while average credit scores hold steady
The majority of Millennials have used a cosigner in th...

A recent survey focusing on the credit behavior of Millennials (age group 18 to 30) shows that 90 percent are familiar with cosigning and two-thirds have used a cosigner in the...

Read More The majority of Millennials have used a cosigner in the past
Group with lowest average balance shows greatest quart...

While VantageScore® super-prime consumers carried the lowest average credit card balance of all credit tiers in Q4 2012 ($2,581), this group experienced the greatest average balance increase (6 percent) when compared with the previous quarter. All other credit tiers had little or no change to their average credit card......

Read More Group with lowest average balance shows greatest quarterly percentage increase