While student, auto and credit card balances are at or near record levels, housing debt is shrinking, credit quality is weakening a bit and lending standards, at least in some sectors, are tightening. What it all portends for consumer lending in 2019 is anyone's guess, but one thing is clear: Overextended borrowers can't definitively count on tax refunds to bail them out this year.
Household debt hit another all-time high. Is it poised to level off?
February 19, 2019 8:53 PM