🧩 The actual situation (by category) 1) Auto loans & negative equity ~ 29% of trade-ins have negative equity Average negative equity: ~$7,200 (many >$10k) Total auto debt: ~$1.65–1.67 trillion What it means: People are rolling old debt into new loans → “permanent car payments” This is a cash flow trap , not a banking crisis (yet) It reduces future consumption because income is already committed 👉 Risk level: Moderate, but corrosive over time 2) Mortgage stress (FHA / lower-income borrowers) Overall mortgage delinquency still relatively low (~1–4%) BUT: Sharp rise in lower-income / FHA borrowers FHA delinquency rates materially higher than conventional loans rising delinquency rates concentration in financially weaker households What it means: This is not 2008 (no widespread housing collapse) It is a stress signal at the margin , especially for first-time buyers 👉 Risk level: Contained, but a leading indicator 3) Stu...
At Ladd Dental Group, we understand that the patient comes first. That is why we have ten convenient locations throughout North Central Indiana, accept dental emergency patients, are In-Network with almost all insurances, and have Friday hours available at most of our facilities! Give us a call today or stop by the office closest to you, and see what Ladd Dental Group has to offer! #PatientFirst #ConvenientDentistry #LaddDentalGroup #SmileOn