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Debt shifts: Credit cards, auto loans cool while student loans heat up
Americans eased up on credit card and car debt to start the year, but new data shows student loan delinquencies surged.
As student loan default rate spikes, some borrowers face ‘grave consequences,' New York Fed says
Millions of borrowers who are late on their student loan payments now face “grave consequences” as collection activity ...
Student loans key reason of highest default rate in US since 2020; adverse impact on new credit cards: Report
Some 4.3 per cent of debt was delinquent in the first three months of this year, the most since 2020 and up from 3.6 per cent ...
Student Loan Delinquencies Skyrocket: The Straw That Breaks The U.S. Consumer's Back
U.S. student loan debt reaches $1.6T as delinquencies rise to 7.74%. Click for my look at the data and what the rising debt ...
Americans rushing to buy cars might get stuck with high interest rates and bad loan terms
As President Donald Trump’s auto tariffs go into effect, about 20% of car loans are now for seven-year terms, according to ...
NBC 10 Philadelphia8d
As student loan default rate spikes, some borrowers face ‘grave consequences,' New York Fed says
"Transition rates into serious delinquency have leveled off for credit card and auto loans over ... hold federal student loans and roughly 5.3 million borrowers are in default, according to ...