Household Debt Increased Moderately in Q2 2024; Auto and Credit Card Delinquency Rates Remain Elevated
Collection Industry News
AUGUST 25, 2024
The report is based on data from the New York Fed’s nationally representative Consumer Credit Panel. The New York Fed also issued an accompanying Liberty Street Economics blog post examining growing balances of home equity lines of credit (HELOC). Credit card balances increased by $27 billion to $1.14
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