Consumers Are Paying Back Their Debt at a Very Low Rate

Mark zandy, chief economist at moody's analytics says delinquency rates are very low. Consumer credit balances surging 13 % in the second quarters. Milissa: I think inflation is starting to pinch the consumert half a companies rit on or saying that they're starting to see people trading down for ther items and now we're starting o sether putting more on credit cards.