Riskiest Consumer Borrower Ranks Swell as Personal Loans Surge

The share of consumers in the subprime credit risk category has reached levels not seen since 2019, a sign that a growing number of borrowers are in poor financial health.

By Josyana Joshua · Bloomberg

The share of consumers in the subprime credit risk category has reached levels not seen since 2019, a sign that a growing number of borrowers are in poor financial health.