Consumer loan delinquencies improve for third straight quarter

Consumer loan delinquencies improved for the third straight quarter, the American Bankers Association’s Consumer Credit Delinquency Bulletin said Wednesday, a sign of tepid recovery in the American economy. All figured in the report have been seasonally adjusted based on the number of accounts.

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Limiting debit card swipe fees: losers and winners

With the biggest overhaul of the country’s financial rules successfully passed by the U.S. House of Representatives Wednesday, and a vote in the Senate expected after the brief July 4 recess, some clear winners and losers are emerging on at least one of the provisions tucked into the historic legislation.

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