What The Climbing Debt Defaults Really Mean For The Economy
PYMNTS
FEBRUARY 20, 2018
Late payments and out-and-out defaults and charge-offs are on the rise across a few lending segments. trillion, a $193 billion increase from Q3 and $402 billion higher than the fourth quarter of 2016. A fair portion of that interest rate, according to the Fed, was an uptick in mortgage lending. Student Lending.
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