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Consumer Debt Growth Stalls Despite Strong Sectors
The upward trend in per capita consumer debt slowed in the third quarter of 2016.
Mortgage Debt Continues to Decline While Auto Lending Soars
Auto and student loans remained the fastest growing consumer debt categories in the second quarter, a Center for Household Financial Stability report states.
Auto Debt Expansion Continues to Slow While Subprime Delinquencies Rise
In the fourth quarter of 2016, auto debt grew more slowly but subprime delinquencies on car loans rose.
Consumer Debt Rises for 10th Quarter in a Row
For a long time after the recession, consumers shed debt. But it?s growing again ? up 2.1 percent from the first quarter last year.