Protect Borrowers: American Families Hit Record Levels of Financial Distress as Millions Fall Behind on Credit Cards, Auto Loans, and Student Loans
May 13, 2026
May 13, 2026
WASHINGTON, May 13 -- Protect Borrowers (formerly Student Borrower Protection Center) issued the following news release on May 12, 2026:
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American Families Hit Record Levels of Financial Distress as Millions Fall Behind on Credit Cards, Auto Loans, and Student Loans
New Data From FRBNY Shows Household Consumer Debts at All-Time Highs
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Today, the Federal Reserve Bank of New York (FRBNY) published new data showing that the shar . . .
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American Families Hit Record Levels of Financial Distress as Millions Fall Behind on Credit Cards, Auto Loans, and Student Loans
New Data From FRBNY Shows Household Consumer Debts at All-Time Highs
*
Today, the Federal Reserve Bank of New York (FRBNY) published new data showing that the shar . . .