New York
Younger Americans are falling behind on credit card and car payments, New York Fed says
"Delinquency tends to decrease with age, and younger generations have delinquency rates slightly higher than their predecessors," the New York Fed said.
- Total consumer debt swelled to $17.5 trillion in Q4, a $212 billion jump from the previous quarter.
- Delinquencies are rising among younger borrowers in particular, the New York Fed … [+2076 chars]
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