{"id":197,"date":"2010-09-19T12:49:31","date_gmt":"2010-09-19T17:49:31","guid":{"rendered":"http:\/\/www.timrosenblatt.com\/blog\/2010\/09\/19\/defaults-account-for-most-of-pared-down-debt-wsj\/"},"modified":"2010-09-19T12:49:31","modified_gmt":"2010-09-19T17:49:31","slug":"defaults-account-for-most-of-pared-down-debt-wsj","status":"publish","type":"post","link":"http:\/\/www.timrosenblatt.com\/blog\/2010\/09\/19\/defaults-account-for-most-of-pared-down-debt-wsj\/","title":{"rendered":"Defaults Account for Most of Pared Down Debt &#8211; WSJ"},"content":{"rendered":"<blockquote><p>There are two ways, though, that the debts can decline: People can pay  off existing loans, or they can renege on the loans, forcing the lender  to charge them off. As it happens, the latter accounted for almost all  the decline.<\/p><\/blockquote>\n<p><a href=\"http:\/\/blogs.wsj.com\/economics\/2010\/09\/18\/number-of-the-week-defaults-account-for-most-of-pared-down-debt\/\">Defaults Account for Most of Pared Down Debt<\/a><\/p>\n<p>It&#8217;s always important to understand how numbers are arrived at.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are two ways, though, that the debts can decline: People can pay off existing loans, or they can renege on the loans, forcing the lender to charge them off. As it happens, the latter accounted for almost all the decline. Defaults Account for Most of Pared Down Debt It&#8217;s always important to understand how &hellip; <a href=\"http:\/\/www.timrosenblatt.com\/blog\/2010\/09\/19\/defaults-account-for-most-of-pared-down-debt-wsj\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Defaults Account for Most of Pared Down Debt &#8211; WSJ&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.timrosenblatt.com\/blog\/wp-json\/wp\/v2\/posts\/197"}],"collection":[{"href":"http:\/\/www.timrosenblatt.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.timrosenblatt.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.timrosenblatt.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.timrosenblatt.com\/blog\/wp-json\/wp\/v2\/comments?post=197"}],"version-history":[{"count":0,"href":"http:\/\/www.timrosenblatt.com\/blog\/wp-json\/wp\/v2\/posts\/197\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.timrosenblatt.com\/blog\/wp-json\/wp\/v2\/media?parent=197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.timrosenblatt.com\/blog\/wp-json\/wp\/v2\/categories?post=197"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.timrosenblatt.com\/blog\/wp-json\/wp\/v2\/tags?post=197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}