Eurodollar University Default Rates on Household Loans are SKYROCKETING
Nov 19, 2024
A sharp increase in default rates on household loans raises alarm bells, as delinquencies in credit cards and auto loans surge. The conversation dives into the implications of tightening lending standards and deteriorating credit quality. Additionally, the podcast discusses how financial institutions like Ally are navigating these challenges through credit risk transfers, highlighting their effects on bank balance sheets and the overall economic landscape. The insights reveal a concerning shift in the credit cycle that consumers need to watch closely.
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