Replies to post #474706 on Tornado Alley (PROG)

[DesertDrifter]

you need to examine credit forebearance granted during the trump covid debacle. Suspended payments that dropped the rate of delinquencies is now having to be paid off, raising the rate of delinquencies. I don't follow the topic much since I have no debt as I timed mortgage payoff, vehicle purchases, etc. to synchronize with my retirement.



https://www.lendingtree.com/credit-cards/study/credit-card-debt-statistics/

https://www.cnbc.com/select/what-is-credit-card-forbearance/