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US Consumer Debt at All Time Highs
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US Consumer Debt at All Time Highs

US Consumer Debt at All Time Highs

Fintech Nexus Staff·
FintechNews RoundupUSA
·Jan. 2, 2019·1 min read

The WSJ reports that credit card, personal, auto and student loan debt is slated to top $4 trillion in 2019; mortgage debt is approaching levels last witnessed during the housing crash; despite this data, there aren’t many signs of trouble for Americans in managing the debt as losses on loans remain low; the article shares further data on consumer spending, disposable income and breaks out debts by lending vertical. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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