Consumer News Mortgage Delinquencies Surge By A Record 1 6 Million In April
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Americans losing grip on debt as delinquencies surge and borrowing costs bite
• Total household debt now exceeds $18 trillion, raising fears consumers are losing control of their finances After years of relative calm, American borrowers are slipping behind on their debts at the ... Read More
Household debt hits record $18.6T as delinquencies remain elevated
(NewsNation) — Total household debt climbed to a record $18.6 trillion last quarter, and while most borrowers remain on track with payments, young Americans are feeling the pressure. During the third ... Read More
U.S. Economy: The Scary Part Of Rising Loan Delinquencies
Rising loan delinquencies may impact markets despite strong spending by top earners. Here's what investors need to keep in mind. Read More
US Consumer Delinquencies Climb as Student Debt Goes Unpaid
The share of US consumer debt in delinquency rose in the third quarter to the highest level in more than five years as unpaid student-loan balances continued to surge. Around 4.5% of debt was at least ... Read More
Household debt hits record $18.6T as delinquencies remain elevated
Debt balances continue to rise, but delinquencies remain relatively stable Younger borrowers (18 to 29) are struggling the most with late payments Student loan balances rose to a record $1.65T Total ... Read More
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