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Delinquencies Still Low While Household Debt Climbs
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Delinquencies Still Low While Household Debt Climbs

Delinquencies Still Low While Household Debt Climbs

Fintech Nexus Staff·
FintechNews RoundupUSA
·Oct. 9, 2017·1 min read

The American Bankers Association released their quarterly delinquency bulletin which shows steady delinquency rates at 1.56%; the 15-year average is 2.16%; Household debt hit a record $12.84 trillion in the second quarter with increases in automobile, mortgage and credit card debt. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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