Excellent per usual. Can I suggest putting the frequency of the data in the upper right margin of the charts? I'm assuming the FRBNY data is from the CCP which is quarterly, but I wouldn't expect everyone to know that.
Why does the spike then drop in payments suggest people paid off their loans in bulk, rather than suggesting that people have started to pull back on making payments?
Excellent per usual. Can I suggest putting the frequency of the data in the upper right margin of the charts? I'm assuming the FRBNY data is from the CCP which is quarterly, but I wouldn't expect everyone to know that.
Why does the spike then drop in payments suggest people paid off their loans in bulk, rather than suggesting that people have started to pull back on making payments?