Delinquencies on the Rise in June

The total number of delinquencies has continued to climb since the beginning of the year, hitting $15.2 billion as of June 2017, according to S&P Global data.

Source: S&P Global
Source: S&P Global

Both the total number of delinquencies and the delinquency rate increased from May 2017 to June 2017, according to S&P Global data. The total number of delinquencies has continued to climb since the beginning of the year, hitting $15.2 billion in June, up from $14.2 billion the month before. The delinquency rate has also been steadily increasing since the fourth quarter of 2016, reaching 9.6 percent in June, up from 8.7 percent in May.