A hub for independent voices and hard truths
Federal debt in arrears smashes through 2019 peak , now $171 billion and climbing… Middle aged borrowers lead the collapse , average defaulter pushes nearly 40… Millions walk away from payments in early 2026 , fresh wave of skips hits …
WE HAVE NEVER BEEN THIS BROKE… Searches for ‘can’t pay credit card’ smash records… 11% of accounts now seriously delinquent… Savings rate vanishes… 🚨 Americans have never been this broke before. Google searches for “can’t pay credit card” just hit …
Nearly half of Americans in a new WalletHub survey said their household can’t manage more debt, while more than one-third said they expect to have higher balances by the end of 2026. Fifty-three percent of households said the struggle the …
When the government gets involved they usually make the situation worse. Student loans 90+ days delinquent have exploded higher to heights never seen before. https://finance.yahoo.com/news/student-loan-delinquencies-are-on-the-rise-heres-why-184802465.html 12.9% of student loans are now in serious delinquency, the highest rate ever recorded. https://www.newyorkfed.org/newsevents/news/research/2025/20250513 …
Student Loans Skyrocket From 0.5% Delinquent to 7.7% byu/Cool-Entrepreneur-68 inEconomyCharts Although, everything except mortgages and home equity line of credit is rising up, student loans took a drastic rise from 2024 Q4-2025 Q1. Source: New York FED
It’s a frightening reality about the state of American consumer debt that at the end of 2024, the Federal Reserve Bank of St. Louis indicated that Americans owe more than $1.21 trillion in credit card debt. This was up $45 …
Economic data keeps surprising to the downside!! Citi Surprise Index 👇 pic.twitter.com/DPdKUV0ji2 — James E. Thorne (@DrJStrategy) December 29, 2024 They are currently 10 million Americans who are delinquent on their student loans. On January 1, they are going to …
The Duke and Duchess of Sussex’s Archewell Foundation has been warned that it could be subjected to fines or suspended from the charity register. The “delinquency notice” sent by California’s attorney general on May 3, suggests that Archewell did not …
The commercial real estate sector continues to experience elevated stress. The latest crack to emerge is the increasing number of delinquencies on multifamily mortgages. The borrowers who took out these loans typically used them to purchase multifamily complexes, intending to …
🚨Newly delinquent loan. Hilton Garden Inn McAllen Airport. From @cred_iq: – 104 keys-$9mm loan balance (~$86K per key)-0.94x DSCR For more on distressed CRE, follow @aryal1994 pic.twitter.com/ehAnwuFDlV — Shashankh Aryal (@aryal1994) May 2, 2024
Source: @cred_iq — Shashankh Aryal (@aryal1994) March 13, 2024 ZMR Capital Lands $207M for Tampa Acquisition ZMR Capital has acquired The Reserve at Brandon, a 982-unit community in Brandon, Fla. NorthEnd Equities sold the property, previously purchased in 2019 for …
Subprime is a fancy word for sh*t credit score. h/t Mayhem4Markets
I heard one homeowner hired a consultant to deal with a similar situation. The homeowner wrote a new lease to the "consultant". The new renter (the consultant) moved into the house and parked himself there to live with the squatter. …
by confoundedinterest17 Biden and The Fed are playing their own version of Johnny Horton’s “Sink The Bismarck!” This version is called “Sink The Economy!” The commercial real estate space is experiencing stress following the recent turmoil in the regional bank sector, with the …