Credit Union First-Quarter Earnings Rise, Delinquencies Fall, and Loan Portfolios Shrink
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#89505000 ver:0.31

US consumer credit trends diverge as delinquencies rise and loan portfolios shrink. Visa reports Q2 2024 growth, but Americans' credit card debt surpasses $1 trillion for the third consecutive quarter. Delinquency rates increase across all credit tiers and products, while new account originations and utilization rates decline. Major credit card issuers experience weakened credit performance in Q1 2024. Overall household debt increases, with rising delinquency rates in credit cards and auto loans. Credit union earnings rise, but delinquencies fall and loan portfolios shrink. #ConsumerCredit #Delinquencies #LoanPortfolios #EconomicTrends...

#newstr #CreditUnions #Earnings #Delinquencies #LoanOriginations #LoanQuality #NcuaData 

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