U.S. subprime mortgage crisis and consumer loans into a time bomb.

<P> Outbreak of the U.S. subprime mortgage credit crisis is not over, consumer loans and bad debt has become a powder keg ready to go. .</ P> <P> data show that the recent major U.S. bank bad debt write off the amount of consumer loans increasing, mainly because many people do not borrow from the U.S. loans. .</ P> <P> According to the U.S., "Business Times" reported that the recent major U.S. bank bad debt write-off of consumer loans increasing the amount of the Federal Deposit Insurance Corporation (FDIC) insured bank non-real estate loans this year a bad debt .to September rose to 17.7 billion jump over last year's 13.9 billion in bad debts increased by 27%. .This is because many people do not borrow from the U.S. loans. .</ P> <P>: http://finance. According to the FDIC data show that bank for individuals to purchase furniture, appliances and automotive consumer loans totaling more than 1 trillion. .This amount soared last year, more than 500 billion U.S. dollars, are subject to close attention to the consumption indicators. .Consumer loans by banks surge in bad debts, reflecting the weakness in consumer trends, borrowers have difficulty in repayment. .</ P> <P> According to the U.S. FDIC's quarterly banking profile shows that compared with the same period last year, 30 to 90 days in arrears repayment of consumer loans in the third quarter increased by 18%; in arrears 90 days or more increase in consumer loans .2%. .</ P> <P> Wachovia Bank announced this year, according to the U.S. 1-9 in the monthly series of consumer installment loan bad debt totaled 448 million, well above last year's 216 million. .Wells Fargo announced this year, 1-9 in the monthly series of consumer revolving credit and installment loan bad debt totaled 1.3 billion, an increase of 18% over last year. .Bank of America (BOA) announced this year, 1-9 in the monthly amount of bad debts out of 11.5 billion U.S. dollars, only 498 million last year. .</ P> <P> U.S. nonprofit research organization responsible lending center Hapei Lin pointed out that the number of consumer loans and bad debt caused by the subprime problem is still unknown, but there is sufficient data showed mortgage lending and consumer expenditure .the relationship between the close. .</ P> <P> car loan defaults serious </ P> <P> in consumer loans, auto loans, default rates are particularly serious. .According to Lehman Brothers to the car loan lenders to complete the new survey, high-quality auto loans at end-user default rate of 2.9% from 8 jumped to about 4.5% by the end of September, the biggest monthly increase in eight years, poor credit .secondary car loan default rates are also 11.1% from the August, rose to 12%, rewriting a new high since 2002. .</ P> <P> according to the National Automotive Finance Association's statistics, the United States, new and used vehicles a year the total loans of about $ 575,000,000,000, JD Power & Associates data shows, car loan interest rate of about 6.5% of the end of 2004 ., the current approach already risen to 8%. .</ P> <P> New York bond investment fund industry Caistor GSC Group Operations Director said: "the car loan market, the situation will deteriorate further, we begin to see the industry has been expanding for loan losses related to signs of higher default rates continued to .. "</ P> <P> car loan problem is far less impact on the economy if the mortgage, car loan defaults, but also measure the health of the economy has been seen as a major indicator of the major U.S. sub-prime auto loans, lenders are Ameri .Credit Chambers, CEO, said: "car loan defaults and unemployment, it is usually oriented with the incident have great relevance." According to the American Association of Banks of official statistics, in the second quarter of commitments by non-bankers for the various types of vehicles .loans, the borrower in arrears over 30 days 2.77% default rate reached a record high since 1991. .</ P> <P> car loan will have a direct impact lessened the problem of the U.S. auto industry for a long time, the United States during the last recession conditions as auto loans, relaxed, able to maintain growth in car sales, car loan lenders who are now part of the breach of contract has been .tighter lending conditions, rising rates, this situation will impact the market to buy gas. .U.S. auto sales forecast to decline 2.5% this year, next year will further shrink..