What is the Delinquency Rate and How will it Affect the Global Market?
U.S. household debt stress is rising again as late payments climb across credit cards, student loans, and auto loans. Charlie Bilello said 13.1% of credit card balances are now at least 90 days delinquent, marking the highest level since 2011. The pressure is also spreading beyond credit cards. Student loan delinquencies have snapped back after […]
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