To give an accurate answer, I'd request information relating to the total number of loans that are delinquent in relation to the total number that are being held by financial institutions.
Debt and Delinquency in America
In order to give an accurate answer when trying to ascertain whether or not a nation has delinquency and debt issues one must know the following:
the total number of loans that are delinquent; and the total number of loans that the financial institutions have given out.
The former is then divided by the latter. That is :
the number of loans that are delinquent
the total number of loans that an institution holds
The answer is left in a percentage format.
For example: 500/5,000 equals 10%.
See the link below for more about debt and delinquency:
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