U.S. Unsecured Loan Balances Reach Record 276 Billion Dollars as Subprime Demand Climbs
Unsecured personal loan balances in the United States climbed to a record 276 billion dollars at the end of last year, driven largely by strong demand from subprime borrowers, according to new industry data. The total marks a 10 percent increase from the previous year, underscoring growing reliance on unsecured credit as households navigate shifting […]