Monday, March 5, 2012

Easier than going to court

Although delinquencies for bank consumer loans - personal, autoand home equity - dipped in the fourth quarter of 1991, they remainhigh by historic standards.

Delinquencies on closed-end home-equity loans have risen fasterthan most other loans.

They had a delinquency rate of 2.06 percent in the fourthquarter last year, the highest rate since 1987.

Banks are much more willing to …

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