{
  "meta": {
    "slug": "new-serious-delinquency-rate-borrowers-age-18-to-29",
    "name": "New Serious Delinquency Rate, Borrowers Age 18 to 29",
    "branded_name": null,
    "description": null,
    "source": "New York Fed Consumer Credit Panel / Equifax",
    "source_credit": null,
    "source_url": "https://www.newyorkfed.org/microeconomics/hhdc",
    "frequency": "quarterly",
    "units": "percent",
    "fred_series_id": null,
    "fred_edge_series_id": null,
    "bls_series_id": null,
    "series_id": null,
    "measurement_basis": "Of all the debt balances held by borrowers age 18 to 29, the share that crossed into 90 or more days late during the previous four quarters, every loan type together. The Federal Reserve Bank of New York publishes it in the Quarterly Report on Household Debt and Credit as 'Transition into Serious Delinquency (90+) by Age' (Page 24 Data), as a four-quarter moving sum of the quarterly transition rate, so one reading covers a year. The denominator is the group's balances that were current or less than 90 days late at the start. Age comes from the New York Fed Consumer Credit Panel, a 5 percent sample of Equifax credit files; a borrower with no birth year on file is left out. Each reading is dated to the last day of its quarter, and the New York Fed revises the whole history each quarter.",
    "door": 1,
    "trend": "falling",
    "trend_suppressed": null,
    "series_breaks": [],
    "direction": "higher_is_worse",
    "last_updated": "2026-10-29T17:24:17Z",
    "stale": false,
    "stale_reason": null,
    "data_status": "current",
    "page_url": "https://americandefault.org/indicators/new-serious-delinquency-rate-borrowers-age-18-to-29/",
    "attribution": "American Default (americandefault.org) — Our analysis is free to use with attribution to American Default Research. Source data stays under each publisher's terms; cite the source named here."
  },
  "current": {
    "value": 4.043149901014605,
    "date": "2026-06-30"
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  "last_verified": null,
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