Consumer Loan Delinquencies Set to Rise
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Good News or Bad News?
Delinquencies Ready for Take Off
FICO’s quarterly survey of North American bank risk professionals found expectations for delinquencies on credit cards and auto loans, and for new delinquencies on all consumer loans, to be at their highest levels since Q4 2011.
That’s definitely bad news. Or... maybe...it’s good news.
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