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A collection of 6 posts

Fed data shows only 2.43% of Americans delinquent on their credit card payments

Per Lending Tree The most recent Fed data showed that the number of Americans that were delinquent on their credit card payments increased by 0.18% compared to Q1 2023. This was for the people who had 30-day delinquencies. The increase results in the third straight quarter for 30-day delinquency

federal reserve

Fed reveals only 2.43% of Americans are delinquent in their credit card balances

Per Lending Tree To qualify to become a delinquent, it was noted that Americans needed to be at least 30 days delinquent on their balances. The Fed recently found that the number of Americans with outstanding credit card balances that were at least 30 days delinquent was just 2.43%

Over a third of Americans had more credit card debt than savings, a new record

Per CNBC Over a third of Americans reportedly had more credit card debt than savings. To be specific, 36% of them reportedly had less money saved than their debts, per a new report. The data comes from the New York Fed's Quarterly Report on Household Debt and Credit

To cover a $1,000 emergency expense, 25% of people would run into credit card debt, an all-time-high since 2014

Per Bankrate A recent study from Bankrate found that credit card dependency reached an all-time high of 25% of over a thousand participants in the US. The survey found that a quarter of participants would result in credit card debt for a $1,000 emergency expense. The survey polled over

us credit card debt

US credit card debt climbs to an all-time high at almost $1 trillion dollars

Per ABC News For the first time ever, US credit card debt climbs to almost $1 trillion dollars. This comes shortly after consumer prices rose by 6.4% during the start of the year compared to a year ago. To be specific, US credit card debt hit a whopping $986

Unusual Options Activity in JPMorgan Chase & Co. (JPM), Energy Transfer LP (ET), and Visa Inc. (V)

Unusual Options Activity in JPMorgan Chase & Co. (JPM), Energy Transfer LP (ET), and Visa Inc. (V)

Unusual Options Activity in JPMorgan Chase & Co. (JPM) Today, January 04, 2022, among the underlying components of the NYSE, we saw unusual or noteworthy options trading volume and activity in JPMorgan Chase & Co., which opened at $164.31. * There were a series of orders at 1,200, 1,