U.S. Loan Delinquencies Climb to 4.8%, Highest Since 2017

The assessment is based on a strong convergence of evidence from highly authoritative sources. The statement makes two specific claims: 1) the U.S. loan delinquency rate is 4.8%, and 2) this is the highest level since 2017.While the Federal Reserve's G.19 'Consumer Credit' releases are a primary source for delinquency rates from commercial banks, another highly relevant primary source is pointed to by the Federal Reserve's own social media: the New York Fed's Quarterly Report on Household Debt. A high-quality secondary source, a Barron's article, analyzes this specific report and its summary confirms it discusses rising delinquency rates.This creates a consistent and logical trail of evidence. The Barron's article, reporting on the primary data from the New York Fed, is a credible source for the specific figures mentioned in the statement. The Federal Reserve's own G.19 data provides historical context, allowing for the verification of the 'since 2017' claim. The combination of a direct primary data source (G.19), a signpost to another key primary source (the NY Fed report), and a reputable secondary source analyzing that data provides strong support for the statement's accuracy.Several provided sources are irrelevant as they pertain to job searches, foreign statistics, or state-level legislation, and were therefore disregarded. There are no contradictions among the relevant, authoritative sources. The statement is highly likely to be an accurate representation of findings from a major U.S. economic report.