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Real Estateconsumer debt

Consumer Debt Nears Pre-crash Levels

By
Anne VanderMey
Anne VanderMey and
Nicolas Rapp
Nicolas Rapp
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By
Anne VanderMey
Anne VanderMey and
Nicolas Rapp
Nicolas Rapp
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March 13, 2017, 11:00 AM ET
College students march to demand tuition-free education in New York
NEW YORK, NY - NOVEMBER 13: Students hold placards as they stage a demonstration at the Hunter College, which is a part of New York City University, to protest ballooning student loan debt for higher education and rally for tuition-free public colleges in New York on November 13, 2015. (Photo by Cem Ozdel/Anadolu Agency/Getty Images)Cem Ozdel—Anadolu Agency/Getty Images

Debt is back, says new data from the Federal Reserve Bank of New York. U.S. Households increased borrowing in 2016—bringing student loan and auto lending balances to new records. But don’t panic yet. Credit scores and delinquency rates look better now than they did in 2008.

Click here to enlarge the graphic.

Nicolas Rapp

A version of this article appears in the March 15, 2017 issue of Coins2Day.

About the Authors
By Anne VanderMey
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Nicolas Rapp
By Nicolas RappInformation Graphics Director
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Nicolas Rapp is the former information graphics director at Coins2Day.

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