The CFPB’s Consumer Credit Panel (CCP) published a report on “consumer credit outcomes stemming from the immediate and dramatic shocks to consumer and household income” resulting from the COVID-19 pandemic. The CCP’s report examines delinquency trends across several loan categories, reported assistance as indicated on consumers’ credit records, a review of revolving-credit utilization, and revolving credit balances for the period of January 2019 through June 2020.
