household debt report cover...this report is based on data from the frbny consumer credit panel....

QUARTERLY REPORT ON HOUSEHOLD DEBT AND CREDITMay 2012

FEDERAL RESERVE BANK OF NEW YORKRESEARCH AND STATISTICS ● MICROECONOMIC STUDIES

Underlying Data -- Table of Contents**NATIONAL CHARTS

Total Debt Balance and its CompositionNumber of Accounts by Loan TypeTotal Number of New and Closed Accounts and InquiriesNewly Originated Installment Loan Balances Credit Limit and Balance for Credit Cards and HE Revolving Total Balance by Delinquency StatusPercent of Balance 90+ Days Delinquent by Loan Type New Delinquent Balances by Loan Type New Seriously Delinquent Balances by Loan Type Quarterly Transition Rates for Current Mortgage Accounts Quarterly Transition Rates for 30-60 Day Late Mortgage Accounts Number of Consumers with New Foreclosures and Bankruptcies Third Party CollectionsConsumer Credit Score Distribution

DATA FOR SELECT STATESTotal Debt Balance per Capita by StateComposition of Debt Balance per Capita by State (2012 Q1)Delinquency Status of Debt Balance per Capita by State (2012 Q1) Percent of Balance 90+ Days Late by StatePercent of Mortgage Debt 90+ Days Late by State Quarterly Transition Rates into 30+ Days Late by StateQuarterly Transition Rates into 90+ Days Late by State Percent of Consumers with New Foreclosures by State Percent of Consumers with New Bankruptcies by State

** Corresponds with page number of pdf report

Page 4Page 5Page 6Page 7Page 8Page 90Page 11Page 12Page 13Page 14Page 15Page 16Page 17

Page 19Page 20Page 21Page 22Page 23Page 24Page 25Page 26Page 27

http://data.newyorkfed.org/creditconditions

http://data.newyorkfed.org/creditconditions

0

3

6

9

12

15

0

3

6

9

12

15Other Student Loan Credit Card Auto Loan HE Revolving Mortgage

Trillions of Dollars

Total Debt Balance and its Composition Trillions of Dollars

Source: FRBNY Consumer Credit Panel/Equifax

(3%)

(8%)

(6%)

(72%)

(5%)

(6%)

2011Q4Total: $11.53 Trillion

2012Q1 Total: $11.44 Trillion

Total Debt Balance and Its CompositionTrillions

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1 04:Q2 04:Q3 04:Q4Mortgage 4.942 5.080 5.183 5.660 5.840 5.967 6.210 6.360

HE Revolving 0.242 0.260 0.269 0.302 0.328 0.367 0.426 0.468Auto Loan 0.641 0.622 0.684 0.704 0.720 0.743 0.751 0.728Credit Card 0.688 0.693 0.693 0.698 0.695 0.697 0.706 0.717

Student Loan 0.241 0.243 0.249 0.253 0.260 0.263 0.330 0.346Other 0.478 0.486 0.477 0.449 0.447 0.423 0.410 0.423Total 7.231 7.384 7.555 8.066 8.289 8.460 8.833 9.042

Return to Table of Contents

05:Q1 05:Q2 05:Q3 05:Q4 06:Q1 06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q3 07:Q4 08:Q1 08:Q26.512 6.696 6.906 7.102 7.436 7.760 8.045 8.234 8.422 8.706 8.925 9.101 9.234 9.2730.502 0.528 0.541 0.565 0.582 0.590 0.603 0.604 0.605 0.619 0.631 0.647 0.663 0.6790.725 0.774 0.830 0.792 0.788 0.796 0.821 0.821 0.794 0.807 0.818 0.815 0.808 0.8100.710 0.717 0.732 0.736 0.723 0.739 0.754 0.767 0.764 0.796 0.817 0.839 0.837 0.8500.364 0.374 0.378 0.392 0.435 0.439 0.447 0.482 0.506 0.514 0.529 0.548 0.579 0.5860.394 0.402 0.405 0.416 0.418 0.423 0.442 0.406 0.404 0.408 0.413 0.422 0.415 0.4019.207 9.492 9.792 10.002 10.382 10.747 11.111 11.313 11.495 11.850 12.133 12.372 12.537 12.599

08:Q3 08:Q4 09:Q1 09:Q2 09:Q3 09:Q4 10:Q1 10:Q2 10:Q3 10:Q4 11:Q1 11:Q2 11:Q3 11:Q49.294 9.257 9.135 9.063 8.944 8.843 8.834 8.703 8.609 8.452 8.544 8.516 8.402 8.2680.692 0.705 0.714 0.713 0.708 0.706 0.695 0.683 0.673 0.668 0.641 0.625 0.639 0.6270.809 0.791 0.766 0.743 0.739 0.722 0.705 0.702 0.710 0.711 0.706 0.713 0.730 0.7340.858 0.866 0.843 0.824 0.812 0.795 0.762 0.744 0.731 0.730 0.696 0.694 0.693 0.7040.611 0.639 0.663 0.675 0.695 0.721 0.758 0.762 0.778 0.812 0.839 0.851 0.870 0.8740.412 0.412 0.409 0.389 0.382 0.379 0.363 0.349 0.343 0.341 0.329 0.330 0.327 0.330

12.675 12.670 12.530 12.407 12.279 12.166 12.117 11.943 11.844 11.713 11.754 11.730 11.661 11.537

12:Q18.1870.6120.7370.6790.9040.319

11.436

03:Q

103

:Q104

:Q104

:Q105

:Q105

:Q106

:Q106

:Q107

:Q107

:Q108

:Q108

:Q109

:Q109

:Q110

:Q110

:Q111

:Q111

:Q312

:Q1

0

50

100

150

200

250

250

300

350

400

450

500

Number of Accounts by Loan TypeMillions Millions

Credit Card (Right Axis)

Mortgage(Left Axis)

Auto Loan(Left Axis)

HE Revolving(Left Axis)

Source: FRBNY Consumer Credit Panel/Equifax Note: Data Exclude Student Loans

Number of Accounts by Loan TypeMillions

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1 04:Q2Auto Loan 73.51 70.76 75.94 77.64 79.22 80.73Credit Card 469.81 468.94 457.64 452.71 449.62 458.26Mortgage 79.54 79.73 79.34 83.42 83.95 84.74

HE Revolving 13.41 14.22 15.55 16.10 16.73 17.66


04:Q3 04:Q4 05:Q1 05:Q2 05:Q3 05:Q4 06:Q181.70 78.48 78.50 82.38 83.63 83.41 83.97

447.07 448.43 451.95 450.14 452.34 455.91 458.4184.87 85.30 85.56 86.30 87.15 86.98 88.5819.75 20.84 21.91 22.59 22.99 23.93 24.24

06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q3 07:Q484.30 85.54 86.15 86.20 87.09 87.64 88.08

460.35 454.64 451.28 444.88 474.74 478.86 481.4490.97 92.53 93.25 94.36 95.92 96.76 97.6524.23 24.14 23.97 23.92 24.05 24.06 24.24

08:Q1 08:Q2 08:Q3 08:Q4 09:Q1 09:Q2 09:Q387.20 87.36 87.12 86.27 84.90 83.30 83.32

474.57 496.12 492.19 472.17 434.25 412.38 401.7798.14 98.00 97.66 97.02 95.45 94.44 93.0324.24 24.16 24.12 24.00 23.74 23.32 22.93

09:Q4 10:Q1 10:Q2 10:Q3 10:Q4 11:Q1 11:Q282.58 81.40 80.52 80.80 80.87 79.75 79.74

394.27 385.86 380.54 377.90 380.07 379.34 389.1792.12 92.01 90.75 89.92 88.54 88.82 88.4322.48 22.11 21.83 21.53 21.12 20.29 20.22

11:Q3 11:Q4 12:Q180.85 80.61 80.08

383.27 386.20 386.2587.30 86.11 85.3420.51 20.26 19.89

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0

50

100

150

200

250

300

350

400

0

50

100

150

200

250

300

350

400

Total Number of New and Closed Accounts and Inquiries

Millions Millions

Number of Inquiries within 6 Months

Number of Accounts Opened within 12 Months

Number of Accounts Closed within 12 Months


Total Number of New and Closed Accounts and Consumer Credit InquiriesMillions

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1inquiry within 6 mo 218.76 229.13 239.41 227.89 219.86closed within 12 mo 275.44 289.37 289.66 307.37 284.15open within 12 mo 235.03 235.60 241.85 245.30 247.11


Total Number of New and Closed Accounts and Consumer Credit Inquiries

04:Q2 04:Q3 04:Q4 05:Q1 05:Q2 05:Q3 05:Q4 06:Q1228.86 234.52 231.69 222.89 222.34 238.12 238.52 232.21257.18 243.70 226.02 225.12 217.82 221.15 230.50 217.72239.60 231.76 239.48 241.77 243.09 247.25 250.93 253.65

06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q3 07:Q4 08:Q1239.42 244.62 235.95 227.92 234.99 241.65 230.59 215.05234.23 243.65 237.05 249.10 240.86 221.06 215.54 220.17253.33 250.70 249.48 248.41 250.65 248.27 245.12 237.20

08:Q2 08:Q3 08:Q4 09:Q1 09:Q2 09:Q3 09:Q4 10:Q1210.06 203.84 186.14 172.47 167.93 162.89 156.19 148.10221.72 226.25 295.44 318.49 333.29 375.52 318.73 294.73228.68 216.85 205.89 193.54 181.09 168.38 165.86 161.24

10:Q2 10:Q3 10:Q4 11:Q1 11:Q2 11:Q3 11:Q4 12:Q1149.66 160.75 163.38 157.58 159.19 167.35 171.91 171.07272.03 216.94 211.48 194.63 199.30 183.57 165.55 184.78160.59 157.94 164.30 165.91 168.30 167.95 173.64 173.03

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0

50

100

150

200

250

0

200

400

600

800

1,000

1,200

Newly Originated Installment Loan BalancesBillions of Dollars Billions of Dollars


Auto Loan (left axis)

Mortgage (right axis)

Newly Originated Installment Loan Balances Billions of $

Auto loan Mortgage03:Q1 97.2 97003:Q2 77.1 1,01003:Q3 130.2 1,06003:Q4 96.1 1,03004:Q1 90.6 65404:Q2 91.4 71304:Q3 93.7 78804:Q4 86.8 67005:Q1 81.2 66105:Q2 128.0 64005:Q3 112.8 77105:Q4 88.2 80006:Q1 81.1 67506:Q2 93.4 73206:Q3 104.1 72406:Q4 86.1 64407:Q1 75.0 75607:Q2 86.1 65007:Q3 91.9 71107:Q4 79.3 51508:Q1 71.4 45308:Q2 77.5 55808:Q3 74.6 39408:Q4 58.8 30209:Q1 50.2 39809:Q2 54.8 51609:Q3 66.8 51109:Q4 54.4 39410:Q1 52.7 38010:Q2 66.1 36410:Q3 71.6 38010:Q4 66.1 46411:Q1 62.9 49911:Q2 74.5 35211:Q3 81.5 29211:Q4 70.5 40412:Q1 72.0 412


0

1

2

3

4

0

1

2

3

4CC Limit CC Balance HELOC Balance HELOC Limit

Trillions of Dollars Trillions of Dollars

Credit Limit and Balance for Credit Cards and HE Revolving


Credit Limit and Balance for Credit Cards and HE Revolving Trillions of $

03:Q1 03:Q2 03:Q3

Credit Card Balance 0.69 0.69 0.69Credit Card Available Credit 1.86 1.87 1.86Credit Card Limit 2.55 2.56 2.55HE Revolving Balance 0.24 0.26 0.27HE Revolving Available Credit 0.24 0.26 0.29HE Revolving Limit 0.48 0.52 0.56


03:Q4 04:Q1 04:Q2 04:Q3

0.70 0.70 0.70 0.711.87 1.88 1.90 1.892.57 2.57 2.60 2.60

0.30 0.33 0.37 0.430.30 0.31 0.33 0.380.60 0.64 0.69 0.81

04:Q4 05:Q1 05:Q2 05:Q3

0.72 0.71 0.72 0.732.14 2.18 2.25 2.332.86 2.89 2.97 3.06

0.47 0.50 0.53 0.540.40 0.44 0.47 0.500.87 0.94 1.00 1.04

05:Q4 06:Q1 06:Q2 06:Q3

0.74 0.72 0.74 0.752.35 2.40 2.41 2.383.09 3.12 3.15 3.13

0.57 0.58 0.59 0.600.58 0.59 0.62 0.651.14 1.17 1.21 1.25

06:Q4 07:Q1 07:Q2 07:Q3

0.77 0.76 0.80 0.822.29 2.29 2.52 2.573.06 3.05 3.32 3.39

0.60 0.61 0.62 0.630.67 0.68 0.70 0.711.27 1.28 1.32 1.34

07:Q4 08:Q1 08:Q2 08:Q3

0.84 0.84 0.85 0.862.62 2.58 2.82 2.843.46 3.42 3.67 3.70

0.65 0.66 0.68 0.690.72 0.72 0.70 0.691.37 1.38 1.38 1.38

08:Q4 09:Q1 09:Q2 09:Q3 09:Q4

0.87 0.84 0.82 0.81 0.802.66 2.43 2.22 2.12 2.073.53 3.27 3.04 2.93 2.87

0.71 0.71 0.71 0.710.67 0.64 0.62 0.591.37 1.35 1.33 1.30

10:Q1 10:Q2 10:Q3 10:Q4 11:Q1

0.76 0.74 0.73 0.73 0.702.00 1.95 1.95 1.93 2.002.76 2.70 2.68 2.66 2.69

0.71 0.70 0.68 0.67 0.670.57 0.57 0.56 0.55 0.531.28 1.26 1.24 1.22 1.20

11:Q2 11:Q3 11:Q4 12:Q1

0.694 0.693 0.704 0.6792.053 2.029 2.116 2.1312.747 2.722 2.820 2.810

0.64 0.625 0.639 0.627 0.6120.51 0.494 0.514 0.508 0.5071.15 1.119 1.153 1.135 1.119

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

75

80

85

90

95

100

75

80

85

90

95

100Severely Derogatory 120-day late 90-day late 60-day late 30-day late Current

Percent

Total Balance by Delinquency StatusPercent


Total Balance by Delinquency StatusPercent

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1 04:Q2 04:Q3 04:Q4 05:Q1 05:Q2 05:Q3current 95.08 95.34 95.44 95.53 95.72 95.74 95.72 95.74 95.88 96.17 96.00

30 days late 1.80 1.63 1.64 1.60 1.50 1.53 1.54 1.47 1.48 1.41 1.5060 days late 0.55 0.53 0.53 0.51 0.47 0.51 0.49 0.52 0.43 0.40 0.4890 days late 0.28 0.26 0.26 0.27 0.23 0.22 0.24 0.24 0.22 0.21 0.23

120+ days late 0.81 0.80 0.80 0.73 0.73 0.70 0.72 0.70 0.67 0.63 0.66derogatory 1.48 1.44 1.34 1.36 1.34 1.30 1.29 1.32 1.31 1.18 1.14

total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00


05:Q4 06:Q1 06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q3 07:Q4 08:Q1 08:Q2 08:Q3 08:Q496.13 96.19 96.04 95.67 95.30 95.08 94.72 94.11 93.28 92.58 92.28 91.49 90.231.43 1.40 1.51 1.59 1.77 1.77 1.86 1.90 2.11 2.06 2.05 2.29 2.460.47 0.45 0.54 0.63 0.60 0.64 0.76 0.93 1.00 0.94 1.02 1.10 1.410.24 0.20 0.21 0.31 0.35 0.37 0.41 0.44 0.62 0.68 0.54 0.66 0.820.64 0.64 0.61 0.70 0.72 0.77 0.86 0.98 1.22 1.60 1.61 1.85 2.261.09 1.11 1.09 1.09 1.27 1.37 1.39 1.64 1.79 2.14 2.49 2.60 2.81

100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

09:Q1 09:Q2 09:Q3 09:Q4 10:Q1 10:Q2 10:Q3 10:Q4 11:Q1 11:Q2 11:Q3 11:Q4 12:Q189.34 88.85 88.50 88.10 88.19 88.75 89.02 89.32 89.62 90.237 90.02 90.25 90.752.30 2.14 2.20 2.13 2.04 1.97 2.02 1.84 1.78 1.6466 1.95 1.74 1.531.30 1.20 1.26 1.22 1.04 0.91 0.99 0.98 0.90 0.861 0.88 0.84 0.740.88 0.91 0.78 0.89 0.74 0.69 0.67 0.61 0.58 0.4918 0.58 0.53 0.502.90 3.24 3.60 3.93 4.30 3.98 3.59 3.49 3.34 3.3222 3.19 3.33 3.193.28 3.65 3.65 3.73 3.68 3.70 3.71 3.75 3.79 3.4416 3.39 3.31 3.29

100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

03:Q

103

:Q104

:Q104

:Q105

:Q105

:Q106

:Q106

:Q107

:Q107

:Q108

:Q108

:Q109

:Q109

:Q110

:Q110

:Q111

:Q111

:Q312

:Q1

0

5

10

15

0

5

10

15Credit Card

Mortgage

Auto Loan

HE Revolving

Percent of Balance 90+ Days Delinquent by Loan Type

Percent Percent


Student Loan

Percent of Balance 90+ Days Delinquent by Loan Type Percent

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1 04:Q2 04:Q3MORTAGE 1.21 1.14 1.10 1.06 1.01 1.00 1.08

HELOC 0.35 0.28 0.22 0.31 0.21 0.15 0.18AUTO 2.33 2.26 2.16 2.16 2.32 2.17 2.27

CC 8.84 8.90 8.67 9.24 9.27 8.85 8.65STUDENT LOAN 6.13 6.14 6.27 6.23 6.34 6.38 6.50

OTHER 7.23 7.13 6.88 7.47 7.68 7.74 7.48ALL 2.57 2.49 2.39 2.35 2.31 2.22 2.24


04:Q4 05:Q1 05:Q2 05:Q3 05:Q4 06:Q1 06:Q2 06:Q31.08 1.01 0.87 0.91 0.93 0.92 0.86 1.070.21 0.25 0.24 0.20 0.16 0.17 0.39 0.502.42 2.38 1.99 2.03 2.09 2.15 2.22 2.589.18 9.59 9.23 9.07 8.53 8.82 8.96 9.196.32 6.03 6.71 6.99 6.59 6.39 6.66 7.167.01 7.25 6.17 5.96 5.94 5.85 5.55 5.112.26 2.21 2.02 2.02 1.97 1.95 1.91 2.11

06:Q4 07:Q1 07:Q2 07:Q3 07:Q4 08:Q1 08:Q2 08:Q31.31 1.56 1.76 2.23 2.93 3.94 4.16 4.730.61 0.65 0.77 1.20 1.32 1.86 2.21 2.662.62 2.59 2.54 2.76 3.05 3.22 3.26 3.649.66 9.74 9.38 9.34 9.48 9.49 10.15 9.487.14 6.85 7.29 7.59 7.51 7.38 7.55 7.555.46 5.74 5.91 6.14 6.20 6.83 6.85 7.622.33 2.50 2.66 3.06 3.62 4.41 4.64 5.11

08:Q4 09:Q1 09:Q2 09:Q3 09:Q4 10:Q1 10:Q2 10:Q35.59 6.97 7.93 8.17 8.75 8.89 8.36 7.823.33 3.77 3.97 4.18 4.37 4.05 4.29 4.233.94 4.35 4.47 4.68 4.92 5.01 4.84 4.83

10.18 11.44 11.74 11.90 12.70 13.73 13.74 13.167.82 7.88 8.26 8.45 8.66 8.66 8.95 9.178.58 9.27 8.74 9.06 9.22 9.94 10.28 11.305.89 7.05 7.80 8.02 8.54 8.71 8.35 7.95

10:Q4 11:Q1 11:Q2 11:Q3 11:Q4 12:Q17.61 7.46 6.91 6.83 6.89 6.674.29 4.66 4.66 4.7 4.71 4.695.27 5.09 4.99 5.03 4.82 4.55

13.27 13.12 12.16 11.5 11.48 11.279.12 8.96 9.09 8.84 8.45 8.69

10.83 10.64 10.40 10.69 10.51 10.247.83 7.69 7.24 7.14 7.14 6.96

0.00

50.00

100.00

150.00

200.00

250.00

300.00

350.00

400.00

450.00

0.00

50.00

100.00

150.00

200.00

250.00

300.00

350.00

400.00

450.00

Total OTHER STUDENT LOAN CC AUTO HELOC

Billions of Dollars

New Delinquent Balances by Loan TypeBillions of Dollars

Source: FRBNY Consumer Credit Panel/Equifax Note: 30 or more days delinquent

Billions of $03:Q1 03:Q2 03:Q3 03:Q4 04:Q1

AUTO 14.52 13.04 14.73 15.10 13.96CC 22.58 22.38 18.90 25.22 18.68

MORTGAGE 82.20 73.60 76.90 79.70 77.90HELOC 1.44 1.60 1.52 1.26 1.19

STUDENT LOAN 6.15 4.83 4.48 4.75 5.62OTHER 12.51 13.31 11.79 12.71 12.25Total 139.40 128.76 128.32 138.74 129.60

*30 or more days delinquent

New Delinquent* Balances by Loan Type


04:Q2 04:Q3 04:Q4 05:Q1 05:Q2 05:Q3 05:Q413.75 15.57 15.10 12.01 13.92 19.67 16.5916.84 17.02 21.53 16.06 17.23 19.02 15.8686.20 88.20 89.50 82.70 86.80 92.10 97.701.86 1.85 2.44 2.38 2.27 2.09 2.815.07 8.71 6.68 8.43 9.28 8.33 7.449.79 9.98 10.59 9.85 8.50 9.62 9.89

133.51 141.33 145.84 131.43 138.00 150.83 150.29

06:Q1 06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q314.81 18.11 20.92 20.01 16.08 18.99 22.8916.41 16.98 18.33 20.52 17.71 18.43 19.7799.70 113.00 131.00 144.00 165.00 175.00 202.003.44 5.19 4.31 4.39 6.73 6.37 6.859.46 10.11 11.20 12.07 12.39 13.44 12.499.73 9.51 8.20 9.34 9.12 10.07 11.19

153.55 172.90 193.96 210.33 227.03 242.30 275.19

07:Q4 08:Q1 08:Q2 08:Q3 08:Q4 09:Q1 09:Q221.53 17.72 21.23 23.46 23.08 18.29 20.8122.71 23.20 25.67 24.45 30.42 28.97 25.33

231.00 225.00 233.00 266.00 312.00 284.00 268.008.08 10.10 11.40 13.90 14.10 12.20 13.20

12.82 13.93 13.41 14.18 15.60 17.01 16.9712.07 13.18 11.08 15.08 14.56 16.97 11.73

308.21 303.13 315.79 357.07 409.76 377.44 356.04

09:Q3 09:Q4 10:Q1 10:Q2 10:Q3 10:Q421.64 18.61 15.21 15.14 14.65 17.1926.12 28.29 23.28 20.98 17.59 18.27

250.00 233.00 237.10 207.9 215.7 202.4010.90 10.70 9.15 8.81 9.42 8.8516.22 17.76 18.76 20.919 19.805 19.3911.67 14.02 11.46 9.78 13.86 9.62

336.55 322.38 314.96 283.53 291.03 275.72

11:Q1 11:Q2 11:Q3 11:Q4 12:Q111.00 11.51 15.03 12.91 10.5315.29 13.25 14.38 15.09 12.19

192.80 155.99 192.83 167.23 148.727.54 6.57 11.18 5.78 7.69

21.33 20.88 21.78 21.39 23.257.80 10.10 11.77 8.94 5.50

255.76 218.30 266.97 231.34 207.88

0

50

100

150

200

250

300

350

0

50

100

150

200

250

300

350ALL OTHER STUDENT LOAN CC AUTO HELOC

Billions of Dollars

New Seriously Delinquent Balances by Loan Type Billions of Dollars

Source: FRBNY Consumer Credit Panel/Equifax Note: 90 or more days delinquent

New Seriously Delinquent* Balances by Loan Type Billions of $

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1AUTO 5.06 4.15 4.99 4.57 5.52

CC 15.92 17.94 13.65 19.43 14.54MORTGAGE 21.30 20.80 20.30 24.40 19.80

HELOC 0.31 0.32 0.19 0.52 0.23STUDENT LOAN 4.30 3.89 3.52 3.79 3.69

OTHER 8.36 7.28 7.40 8.30 8.42ALL 55.25 54.38 50.05 61.01 52.20

*90 or more days delinquent


04:Q2 04:Q3 04:Q4 05:Q1 05:Q2 05:Q3 05:Q43.58 5.04 5.44 4.26 3.55 5.19 4.38

11.98 11.98 16.64 12.46 12.13 12.23 11.9620.50 25.90 25.50 22.80 21.20 25.40 26.800.28 0.35 0.54 0.77 0.47 0.36 0.483.83 7.33 5.64 6.28 7.56 6.54 6.146.56 6.04 6.85 5.57 4.75 5.75 6.16

46.73 56.64 60.61 52.14 49.66 55.47 55.92

06:Q1 06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q34.16 4.62 6.91 6.40 5.74 4.89 6.92

11.14 13.16 11.85 15.53 12.74 13.40 13.7628.90 23.90 42.60 47.40 62.30 71.90 95.200.54 1.53 1.46 1.41 1.99 1.84 3.777.39 7.95 9.25 9.93 9.49 11.02 9.935.53 5.10 4.83 5.21 5.63 6.49 6.60

57.66 56.26 76.90 85.88 97.89 109.54 136.18

07:Q4 08:Q1 08:Q2 08:Q3 08:Q4 09:Q1 09:Q27.15 7.31 6.70 8.62 8.14 7.98 6.55

15.64 18.82 21.40 18.02 21.37 25.19 21.23127.00 152.00 131.00 170.00 189.00 226.00 208.00

3.88 5.65 5.64 7.78 10.00 10.50 8.3211.11 11.19 10.67 11.23 12.75 13.39 13.526.72 7.68 6.42 9.86 9.33 9.75 7.69

171.50 202.65 181.83 225.51 250.59 292.81 265.31

09:Q3 09:Q4 10:Q1 10:Q2 10:Q3 10:Q4 11:Q17.61 7.09 6.63 4.70 4.71 7.72 4.08

19.82 22.98 22.39 18.30 14.60 15.62 13.06165.00 184.00 178.00 148.00 141.50 137.20 124.70

8.15 6.40 6.17 6.81 5.12 5.64 5.1913.92 14.54 15.15 17.10 16.58 16.18 17.078.35 8.59 9.08 7.45 9.85 7.38 5.49

222.85 243.60 237.42 202.36 192.36 189.74 169.59

11:Q2 11:Q3 11:Q4 12:Q13.62 4.59 3.80 3.54

10.77 10.57 12.72 9.5293.30 109.60 111.54 103.514.29 6.68 5.41 4.40

17.78 18.00 20.41 20.507.42 9.08 5.33 4.07

137.18 158.52 159.21 145.54

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

To 30-60 days late

To 90+ days late

Quarterly Transition Rates for Mortgage AccountsPercent Percent


Quarterly Transition Rates for Current Mortgage Accounts Percent

To 30-60 days l To 90+ days late03:Q1 1.55 0.1903:Q2 1.42 0.2003:Q3 1.33 0.1603:Q4 1.34 0.2304:Q1 1.32 0.1804:Q2 1.34 0.1504:Q3 1.35 0.1404:Q4 1.31 0.2005:Q1 1.19 0.1005:Q2 1.22 0.1805:Q3 1.36 0.1505:Q4 1.32 0.2206:Q1 1.23 0.1306:Q2 1.44 0.0906:Q3 1.48 0.1806:Q4 1.73 0.1707:Q1 1.64 0.2407:Q2 1.74 0.2207:Q3 1.91 0.3507:Q4 2.27 0.4308:Q1 2.01 0.5308:Q2 2.24 0.5208:Q3 2.55 0.5508:Q4 3.05 0.6609:Q1 2.77 0.6609:Q2 2.50 0.7509:Q3 2.74 0.5309:Q4 2.42 0.7410:Q1 2.28 0.6310:Q2 2.04 0.5310:Q3 2.12 0.5910:Q4 1.90 0.5211:Q1 1.84 0.5411:Q2 1.67 0.4811:Q3 2.12 0.4211:Q4 1.72 0.4812:Q1 1.40 0.43

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0

10

20

30

40

50

60

0

10

20

30

40

50

60

To Current

To 90+ days late

Quarterly Transition Rates for 30-60 Day Late Mortgage Accounts

Percent Percent


Quarterly Transition Rates for 30-60 Day Late Mortgage Accounts Percent

To current To 90+ days late03:Q1 41.28 12.2803:Q2 50.00 11.1203:Q3 46.52 12.0003:Q4 43.20 14.9704:Q1 48.09 12.9304:Q2 47.88 11.1604:Q3 40.37 16.5504:Q4 41.41 16.3305:Q1 43.14 13.3405:Q2 50.12 10.4405:Q3 39.64 15.7305:Q4 43.30 14.5606:Q1 47.24 13.7206:Q2 45.90 11.9706:Q3 37.02 17.1906:Q4 36.87 19.6707:Q1 39.88 19.9407:Q2 36.73 22.2707:Q3 31.12 27.1107:Q4 25.40 34.1908:Q1 26.85 34.6008:Q2 29.33 31.3308:Q3 22.27 40.1308:Q4 21.21 40.8509:Q1 22.84 44.2309:Q2 25.73 41.1709:Q3 20.47 41.4309:Q4 20.91 41.2910:Q1 24.13 39.0210:Q2 29.00 32.9710:Q3 25.15 31.8510:Q4 28.66 29.6311:Q1 30.98 27.5611:Q2 29.94 28.1711:Q3 25.62 31.2711:Q4 27.24 28.8212:Q1 31.77 27.72

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0

300

600

900

1,200

0

300

600

900

1,200

Foreclosures Bankruptcies

Thousands

Number of Consumers with New Foreclosures and Bankruptcies

Thousands


Number of Consumers with New Foreclosures and Bankruptcies Thousands

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1 04:Q2 04:Q3foreclosure 203.32 169.90 178.16 193.24 186.06 171.44 168.80bankruptcy 612.26 628.66 542.44 516.02 534.90 579.32 530.52


04:Q4 05:Q1 05:Q2 05:Q3 05:Q4 06:Q1 06:Q2 06:Q3 06:Q4 07:Q1184.14 171.52 148.78 157.90 166.72 172.86 179.42 189.26 220.20 267.66572.92 462.08 662.50 667.92 948.62 213.86 250.96 271.28 276.16 258.84

07:Q2 07:Q3 07:Q4 08:Q1 08:Q2 08:Q3 08:Q4 09:Q1 09:Q2 09:Q3243.90 325.44 348.52 429.80 455.44 446.58 424.04 517.38 566.18 488.58290.56 318.42 352.32 326.86 385.46 404.08 431.76 413.90 524.08 517.56

09:Q4 10:Q1 10:Q2 10:Q3 10:Q4 11:Q1 11:Q2 11:Q3 11:Q4 12:Q1465.80 456.50 483.76 457.32 447.06 368.06 284.22 264.34 289.38 291.42486.86 463.18 621.42 521.52 500.12 433.60 473.36 423.34 425.40 371.42

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

8

9

10

11

12

13

14

15

800

900

1,000

1,100

1,200

1,300

1,400

1,500

1,600

Third Party CollectionsDollars

Percent of consumers with collection (Left Axis)

Average collection amount per person with collection (Right Axis)

Percent


Third Party CollectionsPercent

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1 04:Q2 04:Q3proportion of consumers with collection 9.77 9.29 9.04 9.33 10.55 11.71 11.80average collection amount per person with item 901 867 995 972 1,012 1,046 1,060


04:Q4 05:Q1 05:Q2 05:Q3 05:Q4 06:Q1 06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q3 07:Q4 08:Q1 08:Q212.20 12.35 12.38 12.75 12.48 12.28 12.41 12.53 12.78 12.63 12.49 12.60 12.76 13.05 12.881,068 1,059 1,079 1,137 1,149 1,198 1,170 1,157 1,165 1,231 1,297 1,315 1,301 1,340 1,342

08:Q3 08:Q4 09:Q1 09:Q2 09:Q3 09:Q4 10:Q1 10:Q2 10:Q3 10:Q4 11:Q1 11:Q2 11:Q3 11:Q4 12:Q112.93 13.15 13.66 13.84 13.70 13.95 14.22 14.16 14.18 14.13 13.95 14.38 14.26 14.29 14.261,337 1,318 1,313 1,315 1,320 1,379 1,367 1,427 1,429 1,367 1,386 1,389 1,416 1,437 1,497

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

500

550

600

650

700

750

800

850

900

500

550

600

650

700

750

800

850

900

1st Quartile

Average

2nd Quartile

3rd Quartile

Consumer Credit Score Distribution

Source: FRBNY Consumer Credit Panel/Equifax Note: Based on the population with a credit report

Score Score

Consumer Credit Score Distribution 03:Q1 03:Q2 03:Q3 03:Q4 04:Q1 04:Q2 04:Q3 04:Q4 05:Q1 05:Q2 05:Q3 05:Q4 06:Q1

average 681 682 683 682 682 684 684 685 687 688 688 688 6891st quartile 605 607 607 606 606 607 607 607 608 610 609 609 6102nd quartile 703 704 704 703 703 704 704 706 707 708 708 708 7093rd quartile 772 773 773 772 773 773 774 776 778 779 779 779 780


Based on the population with a credit report

06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q3 07:Q4 08:Q1 08:Q2 08:Q3 08:Q4 09:Q1 09:Q2 09:Q3 09:Q4689 689 688 689 690 689 688 689 690 690 689 691 691 691 690610 609 609 610 610 609 608 608 609 609 607 608 609 608 608710 710 710 710 712 712 712 713 715 714 713 715 715 714 713781 781 780 781 783 784 784 785 787 787 787 790 789 788 788

10:Q1 10:Q2 10:Q3 10:Q4 11:Q1 11:Q2 11:Q3 11:Q4 12:Q1692 692 692 692 694 695 694 694 695609 610 610 612 613 614 614 614 615714 714 713 712 713 713 713 712 713789 788 788 787 789 788 789 789 789

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

20

40

60

80

100

20

40

60

80

100National Average FLIL MINJ NVTX CAOH NYPA AZ

Thousands of Dollars

Total Debt Balance per Capita* by StateThousands of Dollars

CA

NV

AZNJ

TX

MINY

PA

Note: Based on the population with a credit report


Total Debt Balance per Capita* by StateThousands of $

03:Q1 03:Q2 03:Q3AZ 32.21 33.13 33.53CA 43.29 44.50 45.41FL 27.81 28.34 29.32IL 32.22 33.11 33.40MI 30.54 30.95 31.71NJ 35.66 35.92 36.78NV 38.02 38.41 38.52NY 28.13 28.60 29.53OH 27.99 29.12 29.39PA 24.55 24.71 25.30TX 24.42 24.62 25.31ALL 30.60 31.15 31.78

* Based on the population with a credit reportReturn to Table of Contents

03:Q4 04:Q1 04:Q2 04:Q3 04:Q4 05:Q1 05:Q2 05:Q336.17 36.66 38.06 39.99 40.72 41.32 43.11 44.2349.20 51.22 52.76 55.98 57.68 59.53 61.84 64.1730.99 31.88 33.13 34.66 35.50 35.90 36.93 39.1736.09 36.80 37.34 38.65 39.51 40.04 40.99 43.5633.27 34.19 35.13 36.21 36.86 36.76 37.40 37.6339.74 41.50 42.63 44.51 45.29 45.69 47.28 48.1942.55 43.48 44.65 46.48 50.76 52.37 53.11 55.6931.53 32.29 32.66 33.71 34.80 35.32 36.51 38.1030.75 31.17 31.18 31.32 31.47 31.62 32.54 32.7726.83 27.59 28.72 29.25 30.11 30.36 31.33 31.4226.25 26.72 26.64 27.10 27.61 27.60 28.45 29.1633.85 34.68 35.50 36.82 37.76 38.22 39.38 40.54

05:Q4 06:Q1 06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q346.13 49.05 52.43 55.05 56.14 58.18 60.33 62.4766.43 70.34 73.33 76.48 77.79 79.54 81.30 83.2339.80 41.79 44.12 46.49 48.72 49.75 51.88 53.7042.76 44.08 45.59 47.06 46.93 47.24 47.82 49.1037.79 38.72 39.28 39.75 39.98 39.83 40.43 40.2849.81 52.04 53.24 55.00 56.11 56.30 58.66 58.8057.97 62.30 67.53 71.49 73.06 74.70 79.22 82.1838.08 40.02 40.78 42.03 43.51 44.46 45.80 47.0632.44 32.82 33.41 34.12 34.39 34.79 35.52 35.0032.21 32.91 33.74 34.19 34.84 35.25 36.40 36.6329.27 29.18 30.29 31.12 31.23 32.09 32.76 33.1841.20 42.65 44.05 45.48 46.29 47.03 48.21 49.26

07:Q4 08:Q1 08:Q2 08:Q3 08:Q4 09:Q1 09:Q2 09:Q364.01 65.41 66.27 64.51 63.98 63.65 61.75 59.0786.46 88.01 87.78 87.80 86.53 85.85 85.13 83.0554.92 56.78 56.56 57.03 56.63 55.99 55.36 53.8651.48 52.31 53.72 54.16 53.89 52.66 52.24 51.6940.92 41.44 41.84 41.47 42.00 41.52 41.15 40.4161.11 62.65 63.68 64.76 64.69 64.28 62.28 62.3283.50 88.30 88.58 86.44 86.29 89.61 81.35 81.3749.00 49.81 50.80 51.26 50.79 51.44 51.22 50.6135.91 37.04 37.51 37.62 37.57 36.90 37.02 36.7038.44 38.92 39.88 40.44 40.75 40.43 39.85 40.0934.51 35.92 36.88 37.11 37.17 36.83 36.72 36.5450.93 52.06 52.75 53.04 52.90 52.52 52.02 51.29

09:Q4 10:Q1 10:Q2 10:Q3 10:Q4 11:Q1 11:Q2 11:Q359.87 57.19 55.61 54.17 52.90 52.94 51.98 51.3681.37 80.15 78.32 76.84 74.74 75.27 74.19 72.9752.33 52.46 50.54 49.38 48.16 47.92 47.60 47.3950.71 50.57 49.97 49.01 48.05 48.37 48.55 48.3839.40 39.48 38.58 37.96 37.32 37.25 37.32 36.8162.58 63.55 62.33 63.01 61.85 62.96 61.65 62.9877.15 76.15 73.39 68.82 65.67 64.85 61.05 59.0550.42 50.68 50.59 50.08 49.70 49.02 49.54 49.6936.61 36.44 36.24 35.91 35.51 35.49 35.68 35.6139.77 39.60 39.13 39.36 39.21 39.08 39.14 38.8836.57 36.26 36.13 35.99 35.55 35.59 35.60 35.6950.77 50.54 49.87 49.38 48.58 48.64 48.50 48.29

11:Q4 12:Q150.03 49.6971.64 70.9246.79 46.2247.83 47.8136.86 36.3062.55 62.2656.86 57.0749.57 49.4435.43 35.2039.16 39.0835.47 35.1247.83 47.51

AZ CA FL IL MI NJ NV NY OH PA TX US0

20

40

60

80

0

20

40

60

80

Composition of Debt Balance per Capita* by State (2012 Q1)

Other Student Loan Credit Card Auto Loan HE Revolving Mortgage

Thousands of Dollars Thousands of Dollars

* Based on the population with a credit report


Composition of Debt Balance per Capita* by State (2012 Q1)Thousands of $

Mortgage HE Revolving Auto Loan Credit CardAZ 35.81 3.20 3.19 2.84CA 56.09 4.55 2.78 3.09FL 31.82 3.51 3.16 2.98IL 33.81 2.85 2.88 2.94MI 23.94 1.70 2.87 2.72NJ 46.10 4.02 3.21 3.61NV 44.19 2.86 3.40 3.08NY 34.05 3.78 2.67 3.32OH 22.21 1.80 2.81 2.76PA 25.41 2.36 2.90 2.73TX 22.78 0.40 4.28 2.79US 34.01 2.54 3.06 2.82


Composition of Debt Balance per Capita* by State (2012 Q1)

Student Loan Other3.57 1.083.24 1.173.32 1.434.17 1.154.01 1.064.16 1.162.47 1.074.61 1.014.30 1.324.46 1.213.38 1.493.75 1.32

AZ CA FL IL MI NJ NV NY OH PA TX US0

20

40

60

80

100

0

20

40

60

80

100Severely Derogatory 120-day late 90-day late 60-day late 30-day late Current

Thousands of Dollars Thousands of Dollars

Delinquency Status of Debt Balance per Capita* by State (2012 Q1)



Delinquency Status of Debt Balance per Capita* by State (2012 Q1)Thousands of $

current 30 days late 60 days late 90 days lateAZ 44.86 0.91 0.42 0.30CA 63.28 1.22 0.56 0.44FL 38.08 0.92 0.35 0.24IL 42.92 0.50 0.21 0.24MI 33.75 0.44 0.16 0.16NJ 54.61 1.30 0.71 0.13NV 45.36 0.87 0.95 1.12NY 43.69 0.73 0.37 0.27OH 32.32 0.47 0.28 0.16PA 36.17 0.50 0.27 0.18TX 32.25 0.66 0.32 0.13US 42.91 0.72 0.35 0.24


Delinquency Status of Debt Balance per Capita* by State (2012 Q1)

120+ days late derogatory1.74 1.602.50 2.522.46 4.111.46 2.180.90 0.772.67 2.505.03 3.652.11 2.050.72 1.030.74 0.990.75 0.941.51 1.56

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0

3

6

9

12

15

18

21

24

0

3

6

9

12

15

18

21

24National Av-erageFLILMINJNVTXCAOHNYPAAZ

Percent of Balance 90+ Days Late by State

CA

NV

FL

TX

NY

PA


Percent Percent

Percent of Balance 90+ Days Late by StatePercent

03:Q1 03:Q2 03:Q3AZ 2.93 2.63 2.86CA 1.60 1.40 1.38FL 3.30 3.31 2.74IL 2.31 2.42 2.14MI 2.57 2.40 2.27NJ 2.60 2.45 2.13NV 2.80 3.67 3.07NY 3.29 3.04 2.87OH 2.69 2.68 2.83PA 2.81 2.68 2.71TX 3.95 3.77 3.60ALL 2.49 2.42 2.33


03:Q4 04:Q1 04:Q2 04:Q3 04:Q4 05:Q1 05:Q2 05:Q3 05:Q42.82 2.42 2.28 2.54 2.40 2.17 2.10 1.83 1.601.32 1.25 1.16 1.20 1.16 1.16 1.04 1.19 1.102.70 2.67 2.45 2.31 2.28 2.23 2.18 2.09 1.932.30 2.17 2.00 2.27 2.42 2.20 1.77 1.98 1.862.28 2.26 2.55 2.77 2.71 2.68 2.54 2.45 2.602.18 1.97 1.77 1.72 2.01 2.16 1.54 1.23 1.453.37 3.17 2.53 2.11 1.47 1.73 1.56 1.18 1.132.80 2.61 2.47 2.58 2.57 2.36 2.13 2.32 2.172.93 3.14 3.10 3.29 3.33 3.27 3.01 2.94 3.342.44 2.64 2.30 2.39 2.53 2.47 2.21 2.37 2.233.93 3.81 3.89 3.66 3.71 3.71 3.40 3.74 3.662.29 2.25 2.16 2.17 2.20 2.15 1.96 1.96 1.92

06:Q1 06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q3 07:Q4 08:Q11.78 1.45 1.65 1.81 1.83 2.34 3.00 3.99 5.641.16 1.02 1.26 1.49 1.86 2.36 3.27 4.43 5.871.93 1.81 1.90 2.44 2.72 2.93 3.56 4.66 7.411.94 1.96 2.32 2.59 3.02 2.78 2.91 3.35 3.172.46 2.43 2.85 2.98 3.42 3.47 4.22 4.13 4.091.50 1.31 1.50 1.50 1.75 1.97 2.26 2.93 4.221.04 2.84 2.49 2.81 2.75 2.87 2.05 3.14 6.272.13 2.12 2.30 2.49 2.77 2.87 3.31 3.84 4.283.17 3.18 3.03 3.40 3.55 4.27 4.69 4.90 4.672.09 2.24 2.33 2.50 2.79 2.65 2.96 2.85 2.773.49 3.48 3.70 3.82 4.03 3.93 4.24 4.10 4.271.90 1.86 2.05 2.27 2.45 2.59 2.99 3.56 4.36

08:Q2 08:Q3 08:Q4 09:Q1 09:Q2 09:Q3 09:Q4 10:Q1 10:Q25.87 6.33 7.65 10.38 10.52 11.24 13.21 12.26 11.486.15 7.04 8.27 10.59 12.31 11.80 12.64 12.48 11.428.21 9.49 12.36 14.61 15.93 16.12 16.67 18.15 17.363.80 4.37 4.73 6.07 7.02 7.97 8.35 7.92 7.834.24 4.15 5.05 5.95 6.08 6.92 7.75 7.86 7.274.12 4.74 5.87 7.00 7.38 6.87 7.06 6.85 7.177.17 10.04 12.60 12.72 14.40 16.55 14.62 15.52 19.384.74 5.31 6.03 6.54 7.19 8.35 9.39 9.68 10.104.47 4.58 4.57 4.61 4.85 5.14 5.16 5.64 5.522.83 2.81 3.29 3.54 4.14 4.61 4.66 5.34 5.664.40 4.37 4.56 4.99 5.37 5.57 6.05 6.22 6.114.58 5.06 5.82 6.98 7.71 7.92 8.43 8.61 8.25

10:Q3 10:Q4 11:Q1 11:Q2 11:Q3 11:Q4 12:Q110.74 9.88 9.02 7.70 7.68 7.92 7.2710.89 10.52 9.48 8.98 8.69 8.43 7.7016.50 16.60 16.09 15.80 15.40 15.12 14.697.21 7.21 7.56 7.28 7.58 7.80 8.166.25 6.46 6.77 6.36 5.70 5.47 5.036.88 7.34 7.85 7.41 7.39 8.18 8.56

17.95 15.40 22.01 18.53 17.64 17.55 17.199.48 9.25 8.98 8.67 8.67 8.57 8.995.36 5.38 5.68 4.91 5.18 5.78 5.475.26 5.29 5.49 5.25 5.49 5.17 4.905.96 5.96 5.94 5.69 5.34 5.47 5.197.83 7.83 7.69 7.24 7.14 7.15 6.96

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0

3

6

9

12

15

18

21

24

27

0

3

6

9

12

15

18

21

24

27National Average

FL

IL

MI

NJ

NV

TX

CA

OH

NY

PA

AZ

Percent of Mortgage Debt 90+ Days Late by State

CA

NV

AZ

FL

NY

PA


Percent Percent

Percent of Mortgage Debt 90+ Days Late by State Percent

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1AZ 1.63 1.36 1.62 1.41 0.95CA 0.59 0.36 0.43 0.38 0.32FL 1.31 1.51 0.99 1.00 0.94IL 1.29 1.57 1.30 1.45 1.28MI 1.51 1.38 1.29 1.23 1.13NJ 1.78 1.61 1.15 1.27 1.13NV 1.30 2.12 1.86 2.31 1.83NY 1.65 1.52 1.46 1.47 1.32OH 1.53 1.49 1.52 1.63 1.93PA 1.42 1.13 1.07 0.87 1.05TX 1.72 1.48 1.37 1.61 1.44ALL 1.21 1.14 1.10 1.06 1.01


04:Q2 04:Q3 04:Q4 05:Q1 05:Q2 05:Q3 05:Q40.74 1.21 0.91 0.67 0.88 0.52 0.490.23 0.39 0.31 0.34 0.28 0.51 0.480.80 0.70 0.63 0.64 0.68 0.58 0.551.20 1.47 1.52 1.30 0.89 1.25 1.141.47 1.90 1.76 1.70 1.56 1.52 1.600.90 0.85 1.15 1.34 0.76 0.39 0.741.05 0.71 0.18 0.51 0.34 0.04 0.201.18 1.23 1.20 0.98 0.82 1.14 1.032.07 2.41 2.25 2.23 1.92 1.83 2.440.92 1.02 1.24 1.08 0.85 1.05 0.931.85 1.42 1.52 1.33 0.96 1.48 1.471.00 1.08 1.08 1.01 0.87 0.91 0.93

06:Q1 06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q30.55 0.27 0.65 0.76 0.84 1.58 2.350.56 0.41 0.66 0.90 1.28 1.85 2.880.61 0.46 0.64 1.37 1.82 2.09 2.831.15 1.00 1.52 1.69 2.33 2.13 2.251.49 1.42 1.92 2.04 2.62 2.60 3.710.82 0.61 0.79 0.73 1.12 1.34 1.670.03 2.16 1.59 1.93 1.81 1.89 0.871.04 0.84 1.12 1.52 1.85 1.95 2.442.24 2.18 1.78 2.42 2.63 3.58 3.880.75 1.03 1.04 1.15 1.56 1.29 1.841.19 1.22 1.38 1.37 1.77 1.82 2.180.92 0.86 1.07 1.31 1.56 1.76 2.23

07:Q4 08:Q1 08:Q2 08:Q3 08:Q4 09:Q1 09:Q23.52 5.47 5.63 6.39 7.89 11.01 11.204.21 5.84 6.14 7.01 8.26 10.72 12.864.17 7.75 8.50 9.91 13.46 16.23 18.112.86 2.55 3.36 4.07 4.48 6.18 7.213.38 3.31 3.43 3.30 4.34 5.37 5.602.57 4.27 4.11 4.75 6.01 7.36 7.812.16 6.02 7.05 10.32 13.04 13.82 15.293.20 3.80 4.36 5.18 6.03 6.77 7.724.19 3.81 3.48 3.86 3.72 3.71 4.101.62 1.53 1.62 1.67 2.38 2.54 3.402.02 2.42 2.60 2.61 2.74 3.22 3.722.93 3.94 4.16 4.73 5.59 6.97 7.93

09:Q3 09:Q4 10:Q1 10:Q2 10:Q3 10:Q4 11:Q112.23 14.49 13.18 11.80 10.89 9.57 8.4912.18 13.17 12.94 11.55 10.90 10.50 9.2218.25 19.05 20.63 19.36 18.42 18.36 17.768.31 8.78 8.12 7.96 7.10 7.21 7.616.81 7.81 7.64 7.10 5.76 5.95 6.387.20 7.52 7.25 7.54 7.12 7.78 8.44

17.81 15.37 16.65 20.97 19.20 15.76 24.099.24 10.55 10.92 11.55 10.73 10.38 9.904.53 4.65 5.37 5.14 4.74 4.71 5.233.69 3.82 4.64 5.03 4.29 4.49 4.773.92 4.36 4.44 4.34 4.13 3.92 4.028.17 8.75 8.89 8.36 7.82 7.61 7.46

11:Q2 11:Q3 11:Q4 12:Q16.76 6.84 7.38 6.438.60 8.46 8.11 7.18

17.23 16.79 16.69 16.157.32 7.74 8.06 8.555.67 4.65 4.68 3.977.81 7.97 9.11 9.50

19.95 18.60 18.63 18.509.54 9.64 9.48 10.054.21 4.68 5.60 5.204.68 4.99 4.42 4.063.90 3.46 3.61 3.146.91 6.83 6.89 6.67

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0

1

2

3

4

5

6

7

0

1

2

3

4

5

6

7

National Average FL IL

MI NJ NV

TX CA OH

NY PA AZ

Quarterly Transition Rates into 30+ Days Late by State*

NV

FL


Percent Percent

AZ

CA

Note: *Four Quarter Moving Average, Rates from Current to 30+ Days Delinquent, All Accounts

PA


Percent03:Q1 03:Q2 03:Q3 03:Q4 04:Q1 04:Q2 04:Q3 04:Q4

AZ 2.05 2.02 2.06 2.03 1.75 1.83 1.61 1.59CA 1.32 1.31 1.12 1.15 1.09 1.08 1.10 1.06FL 2.03 2.12 1.95 1.92 1.82 1.77 1.85 1.72IL 1.69 1.69 1.56 1.55 1.47 1.40 1.29 1.24MI 1.99 2.11 1.96 1.80 1.72 1.72 1.77 1.75NJ 1.83 1.73 1.54 1.51 1.34 1.28 1.33 1.27NV 2.08 2.46 2.28 2.35 1.88 1.53 1.56 1.26NY 1.94 1.90 1.61 1.67 1.53 1.50 1.52 1.52OH 1.72 1.70 1.65 1.71 1.69 1.70 1.79 1.70PA 1.66 1.77 1.73 1.73 1.62 1.52 1.52 1.53TX 2.33 2.40 2.35 2.39 2.27 2.28 2.26 2.16US 1.78 1.80 1.67 1.67 1.58 1.55 1.55 1.51* Four Quarter Moving Average


05:Q1 05:Q2 05:Q3 05:Q4 06:Q1 06:Q2 06:Q3 06:Q4 07:Q11.50 1.40 1.37 1.39 1.48 1.41 1.47 1.55 1.571.04 1.00 0.97 0.97 1.01 1.10 1.16 1.36 1.621.83 1.74 1.61 1.58 1.40 1.41 1.50 1.65 1.781.29 1.30 1.49 1.43 1.35 1.42 1.39 1.51 1.591.71 1.67 1.65 1.79 1.77 1.85 1.93 2.06 2.371.33 1.35 1.28 1.30 1.33 1.35 1.49 1.47 1.531.33 1.31 1.13 1.06 1.32 1.52 1.67 1.86 1.801.58 1.53 1.64 1.56 1.58 1.68 1.58 1.61 1.671.67 1.62 1.63 1.73 1.75 1.90 1.88 1.77 1.951.45 1.39 1.35 1.25 1.23 1.40 1.40 1.43 1.582.06 2.02 2.10 2.07 2.07 2.15 2.09 2.22 2.401.48 1.45 1.44 1.41 1.43 1.49 1.55 1.64 1.75

07:Q2 07:Q3 07:Q4 08:Q1 08:Q2 08:Q3 08:Q4 09:Q1 09:Q21.86 1.96 2.42 2.79 3.14 3.52 4.08 4.34 4.421.89 2.28 2.58 2.78 3.01 3.23 3.64 3.96 4.271.94 2.33 2.71 3.55 3.88 4.27 4.94 4.94 5.081.63 1.66 1.69 1.80 1.95 2.26 2.57 2.76 2.932.72 2.74 2.66 2.69 2.46 2.63 3.03 2.99 3.041.60 1.63 2.12 2.09 2.28 2.45 2.28 2.45 2.381.74 2.12 2.81 3.39 4.46 5.12 5.20 6.40 6.141.67 1.96 2.19 2.43 2.51 2.46 2.50 2.33 2.392.01 2.06 2.25 2.17 2.13 2.10 2.03 2.03 2.141.47 1.58 1.73 1.58 1.61 1.66 1.61 1.71 1.862.41 2.36 2.27 2.17 2.15 2.24 2.27 2.38 2.411.86 2.01 2.18 2.33 2.44 2.58 2.78 2.91 3.02

09:Q3 09:Q4 10:Q1 10:Q2 10:Q3 10:Q4 11:Q1 11:Q2 11:Q34.79 4.28 4.06 3.92 3.60 3.37 3.29 2.95 2.584.29 4.11 3.88 3.48 3.25 2.99 2.75 2.54 2.474.68 4.24 4.16 3.92 4.00 3.99 3.65 3.57 3.422.74 2.50 2.21 2.13 2.03 2.17 2.33 2.16 2.323.10 2.79 2.63 2.62 2.46 2.35 2.26 2.10 1.972.23 2.03 2.00 1.96 2.09 2.30 2.08 2.08 2.035.98 6.22 5.86 5.91 5.72 6.02 6.47 5.71 5.812.54 2.48 2.48 2.45 2.40 2.28 2.32 2.14 2.032.09 2.04 2.08 2.01 2.04 2.04 1.97 1.77 1.801.87 1.96 2.30 2.19 2.17 2.04 1.65 1.58 1.562.48 2.61 2.53 2.40 2.32 2.22 2.12 2.10 1.973.00 2.88 2.77 2.64 2.56 2.44 2.33 2.20 2.13

11:Q4 12:Q12.46 2.292.31 2.213.04 2.782.07 1.841.82 1.701.87 2.105.04 3.911.96 1.861.77 1.621.52 1.481.90 1.922.03 1.91

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0

1

2

3

4

5

6

7

0

1

2

3

4

5

6


MI NJ NV

TX CA OH

NY PA AZ


NV

FL

Percent Percent

AZ

CA

Source: FRBNY Consumer Credit Panel/EquifaxNote: *Four Quarter Moving Average, Rates from Current to 30+ Days Delinquent, All Accounts

Quarterly Transition Rates into 90+ Days Late by State* Percent

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1AZ 0.75 0.80 0.83 0.81 0.71CA 0.51 0.48 0.44 0.44 0.42FL 0.85 0.89 0.84 0.82 0.78IL 0.65 0.67 0.59 0.58 0.61MI 0.86 0.82 0.81 0.71 0.71NJ 0.83 0.87 0.79 0.87 0.66NV 0.84 1.13 1.28 1.44 1.42NY 0.89 0.78 0.75 0.73 0.70OH 0.72 0.74 0.72 0.79 0.79PA 0.69 0.71 0.72 0.72 0.70TX 0.99 1.06 1.11 1.16 1.04US 0.72 0.73 0.71 0.71 0.68*Four quarter moving average


04:Q2 04:Q3 04:Q4 05:Q1 05:Q2 05:Q3 05:Q4 06:Q10.70 0.74 0.71 0.68 0.68 0.57 0.52 0.530.38 0.37 0.33 0.30 0.31 0.33 0.33 0.350.66 0.63 0.59 0.54 0.59 0.59 0.53 0.550.59 0.65 0.64 0.61 0.60 0.60 0.54 0.540.74 0.82 0.81 0.80 0.72 0.65 0.68 0.670.53 0.51 0.49 0.52 0.50 0.44 0.41 0.390.99 0.77 0.54 0.45 0.48 0.40 0.36 0.260.65 0.66 0.67 0.63 0.61 0.61 0.56 0.620.77 0.77 0.80 0.82 0.83 0.82 0.85 0.820.67 0.63 0.68 0.63 0.63 0.62 0.58 0.531.04 1.07 0.99 0.99 0.98 1.01 0.97 0.940.64 0.64 0.62 0.60 0.59 0.58 0.55 0.55

06:Q2 06:Q3 06:Q4 07:Q1 07:Q2 07:Q3 07:Q4 08:Q10.47 0.47 0.49 0.54 0.73 0.86 1.29 1.750.36 0.38 0.43 0.54 0.74 1.03 1.41 1.860.52 0.53 0.70 0.79 0.90 1.14 1.34 2.030.54 0.58 0.70 0.79 0.87 0.81 0.86 0.820.71 0.82 0.86 1.08 1.24 1.38 1.44 1.320.41 0.47 0.42 0.47 0.54 0.59 0.81 1.070.74 0.77 0.95 1.18 0.91 0.96 1.05 1.780.69 0.66 0.69 0.72 0.81 0.94 1.09 1.250.86 0.88 0.86 0.92 1.16 1.29 1.32 1.370.55 0.54 0.53 0.62 0.58 0.67 0.73 0.710.92 0.89 0.91 1.03 1.04 1.08 1.05 1.040.56 0.59 0.64 0.71 0.80 0.91 1.07 1.28

08:Q2 08:Q3 08:Q4 09:Q1 09:Q2 09:Q3 09:Q4 10:Q11.95 2.36 2.56 2.90 3.12 3.27 3.52 3.262.14 2.33 2.58 2.89 3.29 3.25 3.25 3.012.34 2.65 3.21 3.36 3.77 3.76 3.50 3.420.87 1.24 1.37 1.66 1.86 1.85 1.90 1.761.34 1.24 1.47 1.76 1.86 2.05 2.09 2.031.14 1.39 1.49 1.54 1.71 1.51 1.43 1.262.12 3.36 4.15 3.91 4.86 4.31 3.89 4.201.30 1.46 1.53 1.54 1.57 1.59 1.74 1.871.20 1.15 1.18 1.21 1.27 1.33 1.29 1.310.77 0.76 0.79 0.85 0.99 1.05 1.11 1.241.08 1.09 1.19 1.26 1.33 1.34 1.41 1.411.40 1.55 1.70 1.84 2.03 2.03 2.05 1.97

10:Q2 10:Q3 10:Q4 11:Q1 11:Q2 11:Q3 11:Q4 12:Q13.25 2.99 2.58 2.29 2.01 1.86 1.74 1.732.59 2.65 2.41 2.10 2.00 1.83 1.75 1.723.11 3.12 3.24 2.79 2.65 2.52 2.13 2.011.66 1.39 1.38 1.51 1.45 1.50 1.38 1.242.00 1.83 1.65 1.52 1.33 1.31 1.18 1.031.09 1.29 1.26 1.37 1.32 1.19 1.34 1.194.55 4.46 4.41 6.11 4.61 4.71 4.70 2.871.95 1.90 1.73 1.51 1.31 1.20 1.06 1.161.33 1.29 1.30 1.21 1.01 0.98 1.05 0.991.34 1.33 1.28 1.14 0.93 0.85 0.80 0.761.40 1.37 1.33 1.26 1.16 1.15 1.06 1.011.85 1.81 1.70 1.58 1.45 1.51 1.40 1.31

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0.0

0.2

0.4

0.6

0.8

1.0

0.0

0.2

0.4

0.6

0.8

1.0National AverageFLILMINJNVTXCAOHNYPAAZ

Percent of Consumers* with New Foreclosures by State

CA

NV

AZ

FL

NY

MI



Percent Percent

Percent of Consumers* with New Foreclosures by State Percent

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1 04:Q2 04:Q3AZ 0.12 0.09 0.11 0.12 0.11 0.10 0.09CA 0.06 0.04 0.04 0.04 0.04 0.03 0.03FL 0.10 0.07 0.07 0.08 0.07 0.06 0.06IL 0.09 0.07 0.08 0.09 0.08 0.07 0.08MI 0.11 0.08 0.09 0.10 0.10 0.10 0.10NJ 0.07 0.06 0.06 0.06 0.06 0.06 0.05NV 0.15 0.11 0.10 0.11 0.09 0.09 0.05NY 0.06 0.05 0.05 0.05 0.05 0.05 0.04OH 0.10 0.09 0.10 0.13 0.12 0.11 0.11PA 0.08 0.07 0.06 0.08 0.08 0.06 0.07TX 0.10 0.08 0.09 0.10 0.09 0.08 0.09ALL 0.08 0.07 0.07 0.08 0.08 0.07 0.07


04:Q4 05:Q1 05:Q2 05:Q3 05:Q4 06:Q1 06:Q2 06:Q30.11 0.09 0.06 0.05 0.04 0.05 0.05 0.050.03 0.04 0.03 0.03 0.03 0.04 0.05 0.060.06 0.05 0.04 0.05 0.04 0.04 0.05 0.060.08 0.08 0.06 0.07 0.07 0.08 0.09 0.090.11 0.10 0.10 0.11 0.14 0.14 0.14 0.160.06 0.05 0.05 0.05 0.05 0.05 0.06 0.050.06 0.05 0.06 0.03 0.07 0.07 0.08 0.090.05 0.05 0.04 0.04 0.05 0.05 0.05 0.050.12 0.12 0.10 0.11 0.12 0.12 0.12 0.120.06 0.07 0.06 0.06 0.07 0.06 0.07 0.060.10 0.08 0.08 0.08 0.08 0.07 0.07 0.090.08 0.07 0.06 0.07 0.07 0.07 0.07 0.08

06:Q4 07:Q1 07:Q2 07:Q3 07:Q4 08:Q1 08:Q2 08:Q30.08 0.10 0.10 0.18 0.21 0.31 0.39 0.470.08 0.11 0.13 0.20 0.23 0.34 0.42 0.400.08 0.12 0.13 0.19 0.25 0.33 0.37 0.420.10 0.12 0.10 0.13 0.13 0.16 0.15 0.160.19 0.21 0.18 0.22 0.23 0.25 0.25 0.210.06 0.09 0.06 0.09 0.11 0.14 0.14 0.160.12 0.19 0.19 0.28 0.36 0.45 0.54 0.580.06 0.07 0.06 0.09 0.09 0.10 0.09 0.100.15 0.16 0.14 0.16 0.15 0.19 0.16 0.150.08 0.08 0.07 0.08 0.08 0.09 0.08 0.090.09 0.10 0.09 0.10 0.10 0.11 0.13 0.110.09 0.11 0.10 0.13 0.14 0.18 0.19 0.19

08:Q4 09:Q1 09:Q2 09:Q3 09:Q4 10:Q1 10:Q2 10:Q30.54 0.55 0.64 0.57 0.50 0.50 0.55 0.540.22 0.43 0.50 0.41 0.34 0.28 0.31 0.290.49 0.50 0.52 0.42 0.42 0.43 0.38 0.340.18 0.21 0.14 0.18 0.21 0.20 0.22 0.220.22 0.25 0.26 0.22 0.24 0.25 0.26 0.230.17 0.16 0.20 0.21 0.18 0.19 0.23 0.170.61 0.69 0.88 0.73 0.61 0.64 0.70 0.640.06 0.09 0.12 0.12 0.12 0.10 0.11 0.10.15 0.17 0.17 0.14 0.14 0.15 0.16 0.150.09 0.10 0.10 0.09 0.09 0.10 0.11 0.10.10 0.11 0.12 0.12 0.13 0.13 0.12 0.130.18 0.21 0.24 0.20 0.19 0.19 0.20 0.19

10:Q4 11:Q1 11:Q2 11:Q3 11:Q4 12:Q10.53 0.42 0.32 0.29 0.31 0.280.27 0.22 0.20 0.18 0.19 0.160.30 0.25 0.17 0.15 0.19 0.200.21 0.21 0.15 0.14 0.14 0.190.23 0.20 0.14 0.13 0.15 0.140.20 0.12 0.06 0.07 0.04 0.080.59 0.45 0.33 0.31 0.23 0.170.09 0.07 0.06 0.06 0.05 0.060.14 0.13 0.10 0.11 0.12 0.120.09 0.08 0.05 0.05 0.06 0.080.13 0.10 0.07 0.07 0.09 0.090.19 0.15 0.12 0.11 0.12 0.12

03:Q

103

:Q304

:Q104

:Q305

:Q105

:Q306

:Q106

:Q307

:Q107

:Q308

:Q108

:Q309

:Q109

:Q310

:Q110

:Q311

:Q111

:Q312

:Q1

0.0

0.2

0.4

0.6

0.8

0.0

0.2

0.4

0.6

0.8


MI NJ NV

TX CA OH

NY PA AZ

Percent of Consumers* with New Bankruptcies by State

NV



Percent Percent

TX

Percent of Consumers* with New Bankruptcies by State Percent

03:Q1 03:Q2 03:Q3 03:Q4 04:Q1 04:Q2 04:Q3 04:Q4AZ 0.29 0.26 0.27 0.24 0.22 0.29 0.27 0.24CA 0.22 0.20 0.17 0.15 0.15 0.16 0.15 0.14FL 0.21 0.23 0.21 0.19 0.18 0.21 0.18 0.19IL 0.30 0.30 0.26 0.24 0.26 0.24 0.23 0.25MI 0.28 0.26 0.23 0.22 0.25 0.30 0.24 0.28NJ 0.19 0.18 0.16 0.15 0.17 0.19 0.17 0.18NV 0.41 0.39 0.32 0.34 0.29 0.37 0.30 0.28NY 0.17 0.18 0.14 0.15 0.15 0.17 0.15 0.16OH 0.33 0.35 0.29 0.30 0.27 0.35 0.31 0.31PA 0.21 0.20 0.18 0.18 0.17 0.19 0.19 0.17TX 0.20 0.23 0.19 0.18 0.21 0.19 0.19 0.26ALL 0.25 0.26 0.22 0.21 0.22 0.24 0.22 0.23* Based on the population with a credit report


05:Q1 05:Q2 05:Q3 05:Q4 06:Q1 06:Q2 06:Q3 06:Q40.20 0.29 0.30 0.39 0.06 0.08 0.08 0.100.12 0.16 0.18 0.30 0.05 0.05 0.07 0.090.14 0.21 0.22 0.29 0.06 0.06 0.09 0.080.24 0.29 0.30 0.48 0.09 0.11 0.11 0.120.25 0.32 0.35 0.47 0.13 0.15 0.15 0.160.14 0.19 0.18 0.23 0.07 0.08 0.08 0.070.21 0.35 0.37 0.56 0.08 0.11 0.15 0.130.13 0.23 0.21 0.31 0.05 0.08 0.07 0.080.28 0.38 0.47 0.68 0.11 0.15 0.16 0.170.17 0.22 0.25 0.33 0.07 0.09 0.09 0.090.17 0.34 0.25 0.37 0.07 0.08 0.10 0.090.19 0.27 0.27 0.39 0.08 0.10 0.11 0.11

07:Q1 07:Q2 07:Q3 07:Q4 08:Q1 08:Q2 08:Q3 08:Q40.07 0.08 0.09 0.11 0.11 0.15 0.19 0.190.07 0.08 0.10 0.11 0.12 0.15 0.17 0.180.07 0.09 0.10 0.12 0.12 0.14 0.16 0.170.12 0.14 0.14 0.15 0.16 0.20 0.20 0.200.16 0.19 0.21 0.22 0.22 0.25 0.24 0.240.08 0.09 0.09 0.12 0.11 0.13 0.12 0.140.14 0.18 0.21 0.23 0.23 0.33 0.33 0.360.08 0.08 0.09 0.11 0.10 0.11 0.11 0.100.16 0.20 0.21 0.27 0.19 0.22 0.22 0.250.11 0.10 0.11 0.13 0.11 0.12 0.12 0.120.08 0.09 0.10 0.10 0.09 0.10 0.10 0.110.11 0.12 0.13 0.15 0.14 0.16 0.17 0.18

09:Q1 09:Q2 09:Q3 09:Q4 10:Q1 10:Q2 10:Q3 10:Q40.18 0.28 0.28 0.27 0.33 0.39 0.34 0.320.18 0.25 0.25 0.26 0.26 0.34 0.31 0.280.16 0.24 0.24 0.21 0.21 0.27 0.24 0.220.21 0.25 0.25 0.25 0.24 0.32 0.26 0.250.27 0.31 0.29 0.28 0.28 0.33 0.25 0.250.14 0.18 0.17 0.17 0.17 0.21 0.2 0.180.34 0.55 0.53 0.27 0.62 0.57 0.49 0.480.09 0.14 0.14 0.12 0.11 0.14 0.12 0.110.22 0.30 0.29 0.27 0.25 0.31 0.26 0.250.12 0.14 0.13 0.13 0.11 0.15 0.13 0.120.10 0.10 0.08 0.07 0.06 0.27 0.12 0.110.17 0.22 0.22 0.20 0.19 0.26 0.22 0.21

11:Q1 11:Q2 11:Q3 11:Q4 12:Q10.26 0.28 0.27 0.24 0.190.26 0.27 0.24 0.22 0.210.19 0.21 0.18 0.19 0.160.24 0.23 0.21 0.23 0.210.25 0.25 0.21 0.22 0.210.17 0.17 0.15 0.16 0.150.34 0.46 0.34 0.33 0.280.10 0.12 0.09 0.10 0.080.20 0.23 0.20 0.21 0.170.10 0.11 0.11 0.10 0.090.09 0.09 0.09 0.10 0.080.18 0.20 0.18 0.18 0.15

household debt report cover...this report is based on data from the frbny consumer credit panel....

Documents