credit health

Consumer credit health doesn't appear bad yet, but the Household Sector remains vulnerable, and much of its financial frailty continues to be masked by low interest rates. "We're just not seeing the "chronic" consumer credit health situation that is some times reported," says John Loos, the Household and Property Sector Strategist for FNB. Frequently, one reads reports painting a dire consumer credit situation...one in which arrears and non-performing loans are spiralling "out of control". … [Read more...] about Few indications of Chronic Consumer Credit Health