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Credit counseling leader Bruce McClary on rising delinquencies

Credit counseling leader Bruce McClary on rising delinquencies

WPTF Morning News · WPTF FM 92.9 AM 680

February 16, 202613m 30s

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Show Notes

Bruce McClary, senior vice president of the National Foundation for Credit Counseling, explains why new data suggest the consumer safety valve has broken despite Federal Reserve reports that delinquencies are “normalizing,” what the trends reveal about household financial stress, and what warning signs consumers should watch for as debt pressures grow.