Even if bad times are easing, Utahns advised to prepare for next bust

Even if bad times are easing, Utahns advised to prepare for next bust

By LESLEY MITCHELL The Salt Lake Tribune
Published Aug 25, 2012 05:54PM MDT
When it comes to financial health, in Utah it all boils down to jobs — perhaps even more so than in other parts of the country. During good times, Utah’s level of problem mortgages, delinquent credit card accounts and other debt remains well below the national average. But in bad times, Utahns fall behind on their house, credit card and other payments at a rate much higher than the rest of the country. As if on cue, after several tough years of consumer loan delinquencies that were worse than m...
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