Delinquency rates on loans, including mortgages and credit cards, have increased to 4.8% of all outstanding U.S. household debt in the fourth quarter. Bloomberg posted on X, this marks the highest level since 2017, primarily due to higher defaults among low-income and young borrowers. The rise in delinquency rates highlights the financial challenges faced by these groups, as they struggle to meet their debt obligations amid economic pressures. This trend is being closely monitored by financial analysts and policymakers, as it could have broader implications for the U.S. economy.