BREAKING: US Consumer Confidence surges, exceeding expert predictions by double digits. pic.twitter.com/4mr4RdKGpq
— Election Wizard (@ElectionWiz) May 27, 2025
Consumer Confidence 98.0, Exp. 87.1, Last 85.7
UMich's Marxism department: pic.twitter.com/YUTqms0uGT
— zerohedge (@zerohedge) May 27, 2025
But now pay later firms reports customers are not paying back their loans.
LOL
— tic toc (@TicTocTick) May 27, 2025
Serious Delinquencies (90+ day unpaid balances) are rising across the board, including Mortgages, Home Equity Credit Lines, Auto Loans, Credit Cards, and Student Loans
byu/RobertBartus inEconomyCharts
“Buy Now, Pay Later” is coming for your paycheck.
Not your sneakers. Not your concert tickets.
Your wages.
Fintech is becoming a workforce control strategy. Let’s break it down because nobody is talking about it.
— Amanda Goodall (@thejobchick) May 27, 2025
Delinquent consumer debt in the U.S. hit a five-year high as the Trump administration restarted collections on student loan payments in default.
— unusual_whales (@unusual_whales) May 27, 2025
As student loan delinquencies spike, borrowers risk ‘potential spillovers’ with other late payments, NY Fed has said
— unusual_whales (@unusual_whales) May 27, 2025
Consumers fearful of their future employment prospects probably won't be signing on the dotted line to buy a new house
byu/Boo_Randy_II inREBubble
About 1 in 4 Americans are "functionally unemployed," researcher says
byu/rentvent inREBubble
People discover paying bills. https://t.co/ElbU7S46No
— Darth Powell (@VladTheInflator) May 27, 2025