Superprime U.S. Borrowers See Spike in Delinquencies
A recent VantageScore report, cited by CBS News, finds delinquencies rising even among the highest‑credit U.S. borrowers: superprime consumers (scores 781–850) experienced a roughly 300% increase in 90–119 day delinquencies last month. The report also shows average credit card balances near $6,500, credit utilization around 31%, and a shift toward unsecured loan originations as households seek liquidity, prompting consumer‑finance advice on consolidation, debt management plans and lender communication.
Economy
Personal Finance
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Even creditworthy borrowers are missing debt payments. Here's how to avoid that now.
New information:
- VantageScore report shows a ~300% spike in superprime (score 781–850) delinquencies of 90–119 days past due in the latest month reported
- Average credit card balance reported at about $6,500 and credit utilization near 31%
- Report notes unsecured loan originations are outpacing secured lending as borrowers seek liquidity