DEFINITION of 'Consumer Credit Delinquencies Bulletin'

A quarterly newsletter targeted to CEOs, senior bank executives and loan officers based on a quarterly survey that tracks closed-end consumer loans across 300 U.S. banks to help banks evaluate their loan portfolios and compare themselves to their peers in the same state and asset category. The bulletin also provides information on delinquencies and bankruptcy petitions by geographic region and by state.

BREAKING DOWN 'Consumer Credit Delinquencies Bulletin'

This survery is produced by the American Bankers Association and is offered by paid subscription. The types of loans covered by the survey include personal, auto, mobile home, recreational vehicle, marine, property improvement, home equity loan, home equity line of credit, bank credit cards, non-card revolving credit and education.

RELATED TERMS
  1. Delinquency Rate

    The percentage of loans within a loan portfolio that have delinquent ...
  2. Problem Loan

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  3. Loan Officer

    Representatives of banks, credit unions and other financial institutions ...
  4. Loan Commitment

    A loan commitment is a loan that may be drawn down or is due ...
  5. Term Loan

    A loan from a bank for a specific amount that has a specified ...
  6. Open-End Credit

    A pre-approved loan between a financial institution and borrower ...
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RELATED FAQS
  1. What are the typical requirements to qualify for closed end credit?

    Learn what closed-end credit is, and the various requirements that borrowers must meet in order to obtain a closed-end credit ... Read Answer >>
  2. What are the long-term effects of delinquent accounts?

    Find out more about loan delinquency, loan defaults and the long-term consequences of borrowers who are delinquent on their ... Read Answer >>
  3. What is the difference between "closed end credit" and a "line of credit?"

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