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Americans find silver lining to soaring debt delinquencies

Por: Newsweek Nation November 25, 2023

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Even as delinquencies on debts like credit cards and auto loans rise, Americans are experiencing record lows in third-party debt collections, a signal of resilience in consumer financial behavior.The latest report from the New York Federal Reserve shows that while overall delinquencies have risen in the third quarter of 2023, there's a silver lining: third-party debt collections are at 20-year lows, at 4.69 percent.It is a dichotomy that... + full article



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