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Ready for the Pandemic? Household Debt before the COVID-19 Shock


Abstract: Before the pandemic, shares of delinquencies had already been growing in consumer finance loans, credit card debt, student loans and auto loans. And delinquencies can vary greatly among states.

Keywords: Mortgage; Credit Card Debt; Financial Distress; COVID-19; Coronavirus; Consumer Finance Loan; Household debt; Student Loan; Delinquency;

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Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2020-05-13