11.3 C
Ottawa
Tuesday, November 4, 2025

Top-Tier US Consumers Hit by Credit Stress as 90-Day Delinquencies Surge

Date:

Top-Tier US Consumers Hit by Credit Stress as 90-Day Delinquencies Surge

William Potter/Shutterstock

Credit delinquencies over 90 days jumped by 109 percent among superprime borrowers and 47 percent among prime borrowers, according to an Aug. 25 VantageScore report.

“Consumers in the highest VantageScore credit tiers are showing increased signs of credit stress on a year-over-year basis,” Susan Fahy, executive vice president and chief digital officer at VantageScore, said in a statement.

Share post:

Subscribe

Popular

More like this
Related

US Manufacturing Sends Mixed Signals in October

A worker prepares to lift a steel beam with...

Starbucks Selling Control of China Business to Boyu Capital in $4 Billion Deal

The new joint venture aims to regain momentum amid...

Restaurants Use Tips to Cut Labor Costs

Nok Lek Travel Lifestyle/ShutterstockYou received great service and want...

Hegseth Says US-South Korea Alliance Will Stay Focused on Deterring North Korea

U.S. Secretary of War Pete Hegseth (L) shakes hands...