Tenth District Credit Rating Report. Average Personal Debt
Chart 7: Car Loan and Bank Card Delinquency Prices
Records: at the very least 3 months delinquent. The delinquency price may be the share of customers with a minumum of one account for the reason that category that have at minimum one account 90 or higher times past due for the reason that category. Delinquency prices consist of charge-offs. Information had been seasonally modified utilizing the Census Bureau’s X11 procedure.
Sources: Federal Reserve Bank of the latest York customer Credit Panel/Equifax; U.S. Census Bureau; staff calculations.
Chart 8: Education Loan and HELOC Delinquency Prices
Records: at the least ninety days overdue. The delinquency price may be the share of customers with one or more account for the reason that category who possess a minumum of one account 90 or higher times past due for the reason that category. Delinquency prices consist of charge-offs. Information had been seasonally modified with the Census Bureau’s X11 procedure.
Sources: Federal Reserve Bank of brand new York customer Credit Panel/Equifax; U.S. Census Bureau; staff calculations.
The bank card delinquency price within the District had been 7.7 per cent when you look at the 3rd quarter, its greatest degree in seven years. 12 months ago, the bank card delinquency price ended up being 7.3 per cent, as well as in the 3rd quarter, it absolutely was 6.5 %. Nationwide, the charge card delinquency rate risen up to 8.8 per cent from 8.2 per cent per year previously and 7.3 per cent into the third quarter.