In the first quarter of 2024, roughly 1.43 percent of all borrowing issued by commercial banks in the United States was delinquent. Loans are considered delinquent if they are not paid on their due date. These figures rose at an unprecedented pace during the economic crisis of 2007, with a peak of 7.4 percent in the first quarter of 2010.
Delinquency rate on all loans at commercial banks in the United States from 1st quarter 2007 to 1st quarter 2024
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St. Louis Fed. (May 21, 2024). Delinquency rate on all loans at commercial banks in the United States from 1st quarter 2007 to 1st quarter 2024 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1325117/delinquency-rate-on-all-loans-at-commercial-banks-in-the-us/
St. Louis Fed. "Delinquency rate on all loans at commercial banks in the United States from 1st quarter 2007 to 1st quarter 2024." Chart. May 21, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1325117/delinquency-rate-on-all-loans-at-commercial-banks-in-the-us/
St. Louis Fed. (2024). Delinquency rate on all loans at commercial banks in the United States from 1st quarter 2007 to 1st quarter 2024. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1325117/delinquency-rate-on-all-loans-at-commercial-banks-in-the-us/
St. Louis Fed. "Delinquency Rate on All Loans at Commercial Banks in The United States from 1st Quarter 2007 to 1st Quarter 2024." Statista, Statista Inc., 21 May 2024, https://www.statista.com/statistics/1325117/delinquency-rate-on-all-loans-at-commercial-banks-in-the-us/
St. Louis Fed, Delinquency rate on all loans at commercial banks in the United States from 1st quarter 2007 to 1st quarter 2024 Statista, https://www.statista.com/statistics/1325117/delinquency-rate-on-all-loans-at-commercial-banks-in-the-us/ (last visited December 21, 2024)
Delinquency rate on all loans at commercial banks in the United States from 1st quarter 2007 to 1st quarter 2024 [Graph], St. Louis Fed, May 21, 2024. [Online]. Available: https://www.statista.com/statistics/1325117/delinquency-rate-on-all-loans-at-commercial-banks-in-the-us/