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    Yogthos (yogthos@social.marxist.network)'s status on Thursday, 03-Apr-2025 03:42:43 JSTYogthosYogthos

    A report by VantageScore shows an increasing number of Americans are falling behind on car loan payments, leading to a decline in the average credit score.

    The average loan balance rose by over $400, and late-stage delinquencies, particularly for student loans, increased by 25 basis points.

    The average credit score dropped to 701, with VantageScore attributing the decline to growing car loan balances and student debt repayment pressures.

    https://www.investopedia.com/more-americans-are-falling-behind-on-car-payments-vantagescore-data-shows-11704569

    #us #economy

    In conversationabout 15 days ago from social.marxist.networkpermalink
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