President Barack Obama Message Board

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Politics : President Barack Obama

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To: pcstel who wrote (145292)	8/24/2014 12:50:08 PM
From: tejek	Read Replies (1) of 149317

Southern states dominate the parts of the U.S. with the highest delinquency rates, with Mississippi, Louisiana and Alabama being at or near the top on the list. The District of Columbia falls into that category as well. States with the lowest car loan delinquency rates include Alaska, Oregon, Utah and Iowa. From the article you posted: Although remaining near historic lows, the 60-day loan delinquency rate rose to 0.62% of borrowers from 0.58% a year earlier, representing an $859 million increase in delinquent loan balances. The 30-day delinquency rate grew to 2.39% from 2.38%, translating to a $2.8 billion increase. Read More At Investor's Business Daily: news.investors.com Although remaining near historic lows are the operative words. As for the southern states experiencing the highest delinquency rates, that's pretty typical. The Rs that lead those states have managed to keep their citizens 'barefoot and dirty'. It been a long, proud tradition for southern, Republican states to be mired in poverty. See my recent post to Mindmeld: Message 29684280

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