UBS: Sub-Prime Consumers’ Risk Of Default Rises 44% – ValueWalk Premium

UBS: Sub-Prime Consumers’ Risk Of Default Rises 44%

The number of low-income or sub-prime consumers  who are likely to default on their debt rose significantly during the second quarter according to UBS’s quarterly Evidence Lab credit survey.

The Housing Intentions survey questioned a broad selection of US consumers at the end of Q2 and found that overall, the number of consumers in the lower wage bracket (<$40,000) who believe they are now at risk of defaulting on their debt within the next year has risen by 44%.
Sub-Prime Consumers' Risk . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles

0