BREAKING: US credit card serious delinquency rates jumped to 7% in Q2 2024, the highest level since 2011.
— The Kobeissi Letter (@KobeissiLetter) August 11, 2024
Since 2022, delinquencies of 90+ days have more than DOUBLED.
At the same time, auto loan serious delinquencies surged to 3%, their highest in 14 years.
Currently, there… pic.twitter.com/WyGjxvR63v
More interesting news of the day 7/29/2026
https://us12.campaign-archive.com/?e=08bfa6f46b&u=7404e6dcdc8018f49c82e941d&id=ab66e3710a