What's the state regarding consumer loan delinquency pricing?

What’s the state regarding consumer loan delinquency pricing?

As of Q4 2020, just 2.68% out of unsecured loans try delinquent (60 days or maybe more overdue) (source). Really serious delinquency pricing (+90 days) are actually lower. Shortly after rising to a leading off nearly step 1.46% inside the 2019, 90 so you’re able to 180 those days owed delinquency cost possess dropped substantially to help you pre-market meltdown cost off 0.89% when you look at the 2020.