Economic Decline

S&P/Experian July Report: More Americans Relying on Debt, Defaults Rising

Debt concept

S&P/Experian Consumer Credit Default Indices on the Rise in July Standards and Poor’s and Experian have jointly released the report for consumer credit defaults for the month of July, which illustrates a rising trend in delinquencies. The jointly-prepared report, which comes out every month, depicts the monthly trend in four categories of consumer loans—bank cards, (more…)