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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Irans Oil Storage Clock Is About to Run Out

The storage clock is ticking as tankers that exported...

Whats Involved in Albaneses $10 Billion Fuel Security Plan?

A BP petrol station advertises prices in Western Australia...

Victorias Debt Set to Hit $165 Billion This YearHeres What the Budget Reveals

Victoria Treasurer Jaclyn Symes presents the Victorian Budget papers...

OpenAI Co-founder Greg Brockman Defends Companys For-Profit Pivotand His Own $30 Billion Payday

OpenAI President Greg Brockman is depicted in a courtroom...