Financial Stress Forecast

Financial Stress
Among Consumers
Financial stress, a pervasive issue affecting many individuals, can lead to anxiety, depression, and even physical health problems. The Financial Stress Forecast and Debt Burden Scale are invaluable tools for understanding the extent of this problem and predicting potential economic downturns. By providing insights into Americans’ financial behaviors and attitudes, these metrics enable policymakers, financial institutions, and individuals to take proactive measures to mitigate financial hardship and promote overall economic stability.


The Current Forecast
The NFCC Financial Stress Forecast is rising, indicating consumers are struggling to repay debt. Household debt levels are approaching a critical stage where sacrifices must be made and savings are difficult.
The NFCC Financial Stress Forecast serves as a bellwether for the overall financial stress condition of the American consumer. As such, it is also an indicator of future trends in net charge-offs and delinquencies as reported quarterly by all U.S. commercial banks.
The Financial Stress Forecast

How it works.
The NFCC Financial Stress Forecast can predict delinquency rates among consumers with credit card debt.
It gives insight on the federal reserve delinquency and charge off rates for the upcoming quarter with 95% accuracy.
The NFCC Financial Stress Forecast serves as a critical early warning indicator of potential economic instability.
National Foundation
for Credit Counseling
Founded in 1951, the National Foundation for Credit Counseling is the oldest nonprofit dedicated to improving people’s financial well-being. With 1,215 NFCC Certified Credit Counselors serving 50 states and all U.S. territories, NFCC nonprofit counselors are financial advocates, empowering millions of consumers to take charge of their finances through one-on-one financial reviews that address credit card debt, student loans, housing decisions, and overall money management.
