Delinquency Rates on Loans and Leases at Commercial Banks are spiking!

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Source: www.federalreserve.gov/releases/chargeoff/delallsa.htm

TLDRS

  • Delinquency Rates on Loans and Leases at Commercial Banks are spiking!
    • Credit Card delinquencies up!
    • All consumer loan deliquesces are up!
    • Delinquency Rate on All Loans, All Commercial Banks is up!
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See also  During the 2008 housing crisis banks were throwing loans around like confetti…now instead of home loans it’s auto loans.

dismal-jellyfish.com/banks-alert-delinquency-rates-surge/

h/t Dismal-Jellyfish


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