U.S. Consumer Debt Stings as Delinquency Chances Increase: ChartBy
Is the debt burden starting to weigh more heavily on U.S. consumers? The median respondent to a monthly Federal Reserve Bank of New York survey reported the highest probability of missing a minimum debt payment over the next three months in September since February 2014, according to results published Tuesday. The rise has been most pronounced among those earning the least income, but higher-income respondents see higher chances of missing a payment as well.
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