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Consumer loan late payments at 28-year high - Reuters

WASHINGTON/NEW YORK (Reuters) - Soaring unemployment has caused more Americans to fall behind on loan payments than at any time since 1980, and delinquencies are likely to head higher, the American Bankers Association said on Wednesday. "It is not ...

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Mortgage applications down, home-equity credit delinquencies up - Los Angeles Times Blogs

Surveys released today showed that fewer Americans applied for mortgages last week and more were missing payments on their home equity lines of credit. The Mortgage Bankers Assn. said applications for new home loans fell 8.2% for the week ending last ...

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Late Loan Payments Hit Record High - CBS News

(AP) Late payments on consumer loans in last year's third quarter hit the highest level since record-keeping began in 1980, the American Bankers Association said Wednesday. The association said delinquencies rose to a seasonally adjusted 2.9 percent ...

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Late loan payments hit a record high - MSNBC

BOSTON - Late payments on consumer loans in last year’s third quarter hit the highest level since record-keeping began in 1980, the American Bankers Association (ABA) said Wednesday. The association said delinquencies rose to a seasonally adjusted ...

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Consumer loan late payments at 28-year high - Reuters

WASHINGTON/NEW YORK (Reuters) - Soaring unemployment has caused more Americans to fall behind on loan payments than at any time since 1980, and delinquencies are likely to head higher, the American Bankers Association said on Wednesday. "It is not ...

Read more...


U.S. Lenders Pay As Idled Borrowers Don't - Forbes

Mounting job losses resulted in a surge of late payments to consumer loan accounts, the American Bankers Association said in a Wednesday report that showed the number of delinquent accounts in the third quarter rose to the highest level since 1980 ...

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Late loan payments have hit record high - Newsday

BOSTON - Late payments on consumer loans in last year's third quarter hit the highest level since record-keeping began in 1980, the American Bankers Association said Wednesday. The association said delinquencies rose to a seasonally adjusted 2.9 ...

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