Rising Loan Delinquencies Stress Younger Borrowers' Finances
The Fed’s latest data on household debt notes that younger consumers and lower-income households are facing rising loan and credit card delinquencies.
Source: pymnts.com
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Department Stores Face Pressure From Credit Card Challenges
Retailers are dealing with a pair of card-related threats to their bottom lines: a proposal by the CFPB to lower late fees, and a rise in delinquencies.
Source: pymnts.com
Calculated Risk: NY Fed Q4 Report: Household Debt Increased
A top ranked economics and finance blog with a focus on the housing market
Source: calculatedriskblog.com
Rising Loan Delinquencies Stress Younger Borrowers' Finances
The pressures of increased debt burdens are put in stark relief with the latest data from the central bank. And the burden is felt keenly among younger…
Source: biztoc.com
A new Fed report shows car loan delinquencies are rising
Researchers at the Fed warn it signals 'financial stress' among younger and lower-income households
Source: qz.com