Daily Market Updates: Americans' debt payment ability deteriorates, study warns

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Americans' debt payment ability deteriorates, study warns

Reported · Written up by our desk · Economy

Researchers found that even as wealth disparities narrowed somewhat, Americans' ability to meet debt payments deteriorated significantly, raising concerns about household debt stress.

CNBC World and CNBC Economy cited the researchers' findings as a warning level not seen since the Great Recession, linking the shift to worsening debt-payment capacity.

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Sources

CNBC WorldAmericans' debt problems are flashing a warning not seen since the Great Recession

CNBC EconomyAmericans' debt problems are flashing a warning not seen since the Great Recession

Bonds & Rates

Americans' debt payment ability deteriorates, study warns

More like this

Sources

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