Credit card insights uncover developing financial pressures affecting many Canadians

Credit card data reveals many Canadians are struggling to pay off their monthly balances

FICO's Canadian Bankcards Industry Benchmarking Trends for Q2 2024 show monolines delinquencies have reached pre-COVID levels

Credit card delinquencies are stabilizing in early buckets while consumers continue to spend

More consumers are carrying credit card balances despite high rates, and delinquency rates continue to rise

Higher prices keep customers in a pinch from making on-time payments

Canadian cards data for the second quarter of 2023 shows the need for lenders to project unexpected rapid shock to portfolios, staffing, and expenses

Bank of Canada makes major rate hike and consumer inflation increases; low unemployment rate continues

Bankcard delinquencies continue to rise as growth in the economy slows

We are seeing unemployment rates at historical lows, so what is causing US Bankcard delinquency rates to increase?

Experiments in credit management can lead to great gains in profitability and other metrics - here are four guiding principles to boost your success

Data can be a strategic asset to help you produce real time insights that will generate long-term business value, and support customer needs.