Daily Fintech Conversations

Time to check US Consumer debt, delinquencies, and refinancing applications

Originally published at: https://dailyfintech.com/2020/03/17/time-to-check-us-consumer-debt-delinquencies-and-refinancing-applications/

It was only a month ago that economists were talking about interest payments on debt for individuals in the US (the top G7 indebted country on a personal basis) being low and manageable as the job market was strong. Fast forward to today and the same numbers have to be interpreted differently. The global economy…