​Credit-Card And Auto-Loan Delinquencies Surged In The Second Quarter – Tyler Durden

Credit-Card And Auto-Loan Delinquencies Surged In The Second Quarter Authored by Mike Shedlock via MishTalk.com, Over ten percent of credit card outstanding debt is over 90 days delinquent. Banks will be curtailing credit… This a second look at some interesting charts from the New York Fed Quarterly Report on Household Debt and Credit. Over 10 Percent of Credit Card Debt is Seriously Delinquent Serious Delinquency for Auto Loans by Age Serious Delinquency for Credit Cards by Age Lenders Took More Risk The Consumer Financial Protection Bureau (CFPB) reports Credit Card Delinquencies are Higher than in 2019 Because Lenders Took on More Risk.…  — Continue at ZeroHedge News : Read More