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WalletHub: R.I.’s average credit score 20th in nation

PROVIDENCE – Rhode Island’s average credit score is ranked 20th in the nation, according to a recent study by WalletHub.  Researchers for the personal-finance website...

WalletHub: R.I. has 8th-lowest quarterly credit card debt increases

PROVIDENCE – Rhode Island is eighth among the states with the lowest credit card debt increases, according to a WalletHub study published Monday. Researchers at...
RHODE ISLAND ranked 34th for credit card debt burdens relative to income in the U.S., according to a report by creditcards.com. / AP FILE PHOTO / STEVE HELBER

Report: Rhode Islander’s ability to pay off credit card debt ranks...

PROVIDENCE – Rhode Island ranked No. 34 in the United States for the average amount of credit card debt and the capacity to pay...

Report: Gen Z contributing to growth in consumer credit market

PROVIDENCE – Gen Z, the generation born since 1995, increasingly took part in the consumer credit market in the first half of this year,...

Forecast: Consumer credit market poised for growth in 2019

PROVIDENCE – Demand for consumer credit is expected to rise next year, while serious payment delinquency rates will likely decline or remain steady, according...
CREDIT CARD USE and serious delinquencies both rose in the first quarter of 2018 compared with Q1 2017, according to TransUnion's Q1 2018 Industry Insights Report. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

TransUnion: Credit card usage, delinquency rates rise in Q1 2018

PROVIDENCE – Credit card use and serious delinquencies both rose in the first quarter of 2018 compared with Q1 2017, but experts said delinquencies...
A NEW STUDY RELEASED by TransUnion identified 10.6 million borrowers with debt tied to the market interest rate that have an elevated risk of not having the capacity to absorb a rate increase of 0.25 percent.

TransUnion: 10.6M consumers at risk of being unable to absorb interest-rate...

CHICAGO – A new study released last week showed most borrowers with debt tied to the market interest rate could absorb increased monthly payments...
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