Latest household credit and debt statistics for the USA
The New York Federal Reserve released its quarterly report on US household credit and debt for Q4 2013 Delinquency rates improved for most loan types in 2013Q4. As of December 31, 7.1% of outstanding debt was in some stage of delinquency, compared with 7.4% in 2013Q3. About $820 billion of debt is delinquent, with$580 billion …