Consumer debt delinquencies

• WASHINGTON, July 3 (Reuters) - U.S. consumers continued to make improvements in paying back their debts during the first quarter of this year but the trend may slow in the coming quarters, the American Bankers Association said on Tuesday.
(Huffington Post)
• The American Bankers Association (ABA) said consumer delinquencies fell in 10 of 11 categories it tracks, including personal loans, bank cards and direct auto loans. The only category in which delinquencies rose was in home equity lines of credit.
(Moneynews (blog))
• Delinquencies are on a decline Does a credit bureau have a role in helping consumers control their debt? We do have a role on a number of fronts. First, [we help them] access their credit report to ensure that it is accurate and up-to-date.
(Globe and Mail)
• A drop in U.S. consumer confidence for the fourth straight month in June also pressured the market. A Spanish debt auction further intensified its lowest level in nearly three weeks.
(Reuters)
• Consumers are wise to pay down their debt and do so on time. In addition, fewer delinquencies and smarter lending practices are good for banks. Here are the default and delinquency rates for the major issuers: Charge-off rate fell from 2.
(Forbes)
• Of the 398 total rulemaking requirements, 119 (29.9%) have been met with finalized rules" Full report: http://goo.gl/jTfbX CONSUMER DELINQUENCIES KEEP DROPPING feeling the effects of the eurozone debt crisis and China's economic slowdown.
(Romney camp gets top CEO heat - California passes toughest foreclosure regs - Justice probes Chesapeake - Politico.com)
• Rising delinquencies accompanied a slump in borrowing indicating that commercial banks are making it harder for individuals to take on more debt. Average disbursements for consumer loans fell.
(Reuters UK)
• Since the revolt, a large share of bank capital has been locked up in Egyptian sovereign debt to households and consumers as well as small business owners.
(New York Times)
• In terms of delinquencies, 8.69 percent of the loans outstanding "Student loan debt continues to grow even as consumers reduce mortgage debt and credit card balances," said Donghoon Lee, senior economist at the New York Fed.
(YAHOO!)
• Medical debt, unlike most other consumer debts, is not usually reported to the credit broken apartment leases, or other types of delinquencies, have other negative credit information weighing down their scores.
(The Business Insider)