US Unsecured Loan Balances Reach Record High Amidst Increased Subprime Borrowing

US unsecured loan balances hit a record high. More people with low credit scores are borrowing. Find out why and what it means for them.

#UnsecuredLoans, #SubprimeBorrowing, #PersonalFinance, #CreditDebt, #USMoney

https://newsletter.tf/us-unsecured-loan-balances-reach-record-high-subprime-borrowing-increases/

US unsecured loan balances have reached a record high, with 26.4 million consumers now holding these loans. This is a rise from 24.5 million last year.

#UnsecuredLoans, #SubprimeBorrowing, #PersonalFinance, #CreditDebt, #USMoney

https://newsletter.tf/us-unsecured-loan-balances-reach-record-high-subprime-borrowing-increases/

#RideShare drivers in #NYC were encouraged by city gov Taxi & Limousine Commission to buy #EVs to get a special #LicensePlate allowing them to transport #passengers , then after a #lawsuit was filed by a group representing existing #Taxi & #GigEconomy #drivers an #injunction #moratorium #deadline program halt was put in effect by a judge Monday, ending the permit application process and jeopardizing major #investments and #CreditDebt made by many #immigrants and low income workers who bought as yet undelivered #Teslas etc

https://www.thecity.nyc/2023/11/10/uber-lyft-drivers-rush-green-tlc-plates/ #CaveatEmptor #Transportation #Govt