F32Fleet, thanks, here is the latest data:
https://www.newyorkfed.org/microeconomics/hhdc.html
- delinquencies are down for mortgages, the largest component of consumer debt
- delinquencies are up for subprime borrowers, from the link you provided
Total debt burden and delinquencies are not an issue for the greater economy.
Subprime borrowers should set a course to exit subprime status, using the best of their abilities. Generally this means living below one's means.
More data:
https://www.newyorkfed.org/medialibr...HDC_2019Q2.pdf
- bankruptcies are down
- foreclosures are down
Nothing scary, in fact, some favorable trends in the data.