Daniel M. Sullivan
dsullivan.bsky.social
Daniel M. Sullivan
@dsullivan.bsky.social
Economist, Research Director @ JPMorgan Chase Institute. Consumer & household finance.

www.danielmsullivan.com
I happened on this today while looking for something else, from the Other Institute. Looks like the spike in prices subsided as rates rose (probably some causality there). But median and average payments are not up much more than inflation.

NB: some of this throws out people who miss any payments
October 3, 2024 at 9:17 PM
Delinquencies aren't too crazy yet. Credit got pretty loose in '21-'22, so the overall credit pool is more risky and it's an open question how much of recent credit trends (delinq., underwater) are from that.
October 3, 2024 at 2:53 AM
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November 6, 2023 at 10:04 PM