Younger consumers continue to have lower debt levels.
Borrowers under the age of 30 have the lowest mortgage delinquency rate of all borrowers.
Two credit unions carrying up to a 45% concentration of home equity lines of credit said the loans are not at risk or that they have taken steps to monitor and mitigate potential risk.
A stable real estate market and payments during draw help the $4.8B ESLFCU manage a 45% concentration in HELOCs.
While the overall risk of widespread HELOC default isn't a concern, individual lenders could face credit risk on their balance sheets.
While the Urban Institute calls the statistic alarming, it says the ratio is not a new trend.
Read about new hires, promotions, retirements and board election results in the credit union industry.
Card causes controversy among credit unions following Orman's NCUA public service spots.
Experian report says customers of finance companies driving hike, while total dollar volume in auto lending at record high.
Auto loan balances up in every state in past year, according to TransUnion.