New York Fed reports varied delinquency rates for credit cards and auto loans
Federal Reserve Bank Data on Delinquency Rates Recent statistics from the Federal Reserve Bank of New York reveal a mixed picture regarding consumer debt. While the overall rates of delinquency have shown improvement, there’s been a slight uptick in delinquencies related to auto loans and home loans. Additionally, credit card delinquency rates remain persistently high. […]
Deferred payment plans? Florida faces an issue with credit card delinquency
Florida’s Credit Card Delinquency Rates Florida is often celebrated for its beautiful beaches and sunny weather, but there’s a troubling trend revealing a different story: credit card delinquency. According to a recent study by WalletHub, which analyzed data up until June 2025, Florida ranked last among all 50 states in terms of credit card delinquency. […]
Consumers see debt delinquency risk rising, higher long-term inflation: NY Fed
Capitalist Pig hedge fund manager Jonathan Honig reflects on the market rebound, concerns for ordinary Americans amid inflation, and his stock picks. Last month, U.S. consumers' expectations about the risk of debt default rose to the highest level in more than four years, while concerns about higher inflation over the long term also grew, according […]