The story is in the data. Americans are saving a smaller share of their income than at any point in nearly four years. And at the same time, Serious delinquencies on credit cards, auto loans, and student loans have climbed to their highest levels since the aftermath of the financial crisis. Let me tell you something. Americans aren't maxing out their credit cards because they are feeling optimistic. They're doing it because they're trying to keep up. (02:06–02:17)
CLAIM
Asserts that delinquencies on various loans are at their highest since the financial crisis.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
