U.S. Household Debt Keeps Falling, Delinquencies Improve Sharply
The post-Lehman trend of falling household debt in the U.S. continued in the second quarter of 2013; delinquency rates improved considerably....
Tag: household debt
Americans Shed Debt, but not Quickly Enough
Even after all the debt reduction that took place during the Great Recession, the debt-to-income ratio of U.S. households in 2010 was 58% higher than in 2001!...
U.S. Student Debt Problem Quickly Deteriorates
Americans take on ever more student loans, but can't keep up with debt repayments; 11.7% of student loans were delinquent in 2012 Q4, up from 11% in 2012 Q3....
Do You Have More Savings or Credit Card Debt?
If you owe more on your credit cards than you have in savings, you are not alone, far from it: a quarter of Americans are in the same boat as you are....
Student Debt Quickly Turns into a Major Problem
Americans can't keep up with student loan repayments and delinquencies are now rising faster even than the mortgage delinquencies at the height of the crisis....