BANKING & FINANCE - Dec. 13, 1991
From Times Staff and Wire Reports
Loan Delinquencies Leveled Off During Summer: Consumer loan delinquencies, which had risen for more than a year, leveled off during the summer as the economy showed signs of recovering from the recession, the American Bankers Assn. said. The consumer delinquency rate for the quarter ended Sept. 30 was a seasonally adjusted 2.74%, virtually unchanged from 2.73% at the end of June, the trade group said.
