Total Household Delinquency Rates Declined in Q2′10 : NY Fed
August 25, 2010 at 15:32 PM EDT
“For the first time since early 2006, total household delinquency rates declined in 2010Q2. As of June 30, 11.4% of outstanding debt was in some stage of delinquency, compared to 11.9% on March 31, and 11.2% a year ago. Currently about $1.3 trillion of consumer debt is delinquent and $986 billion is [...]
