The share of American families late on their payments steadily decreased between 2007 and 2019. As of 2007, one in five respondents declared to be late on payments. In 2019, the share dropped to only 12.3 percent. Also, the share of families payments in arrears of 60 days or more was much lower, and amounted to about 4.6 percent.
Share of families late on payments in the United States (U.S.) from 2007 to 2019, by extent of delay
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Federal Reserve. (September 28, 2020). Share of families late on payments in the United States (U.S.) from 2007 to 2019, by extent of delay [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1220530/share-of-families-late-on-payments-us/
Federal Reserve. "Share of families late on payments in the United States (U.S.) from 2007 to 2019, by extent of delay." Chart. September 28, 2020. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1220530/share-of-families-late-on-payments-us/
Federal Reserve. (2020). Share of families late on payments in the United States (U.S.) from 2007 to 2019, by extent of delay. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1220530/share-of-families-late-on-payments-us/
Federal Reserve. "Share of Families Late on Payments in The United States (U.S.) from 2007 to 2019, by Extent of Delay." Statista, Statista Inc., 28 Sep 2020, https://www.statista.com/statistics/1220530/share-of-families-late-on-payments-us/
Federal Reserve, Share of families late on payments in the United States (U.S.) from 2007 to 2019, by extent of delay Statista, https://www.statista.com/statistics/1220530/share-of-families-late-on-payments-us/ (last visited December 03, 2024)
Share of families late on payments in the United States (U.S.) from 2007 to 2019, by extent of delay [Graph], Federal Reserve, September 28, 2020. [Online]. Available: https://www.statista.com/statistics/1220530/share-of-families-late-on-payments-us/
