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Consumer Loan Delinquencies Approach 5-Year High, Borrowers Struggle to Keep Up With Payments

By Yahoo! Finance   |   1 month ago
Consumer Loan Delinquencies Approach 5-Year High, Borrowers Struggle to Keep Up With Payments

Delinquency rates are rising post-COVID, as consumers struggle to manage debt without federal relief. Inflation and tariffs are adding pressure, leading to more missed payments on loans, particularly mortgages. This trend indicates financial strain on Americans.

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