Credit Card and Auto Delinquencies Soar, Especially Age Group 18 to 39

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by Mish Shedlock, Mish Talk: Credit card debt surged to a record high in the fourth quarter. Even more troubling is a steep climb in 90 day or longer delinquencies. Please consider the New York Fed Household Credit Report for the Fourth Quarter 2023, released this week. Consumer Credit Key Points Aggregate household debt balances increased by […]

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