Powell mentioned lots of instances customers can choose tightening due to the fact loan distress is at historic lows. What buyers can not take for extensive is raging inflation. By Wolf Richter for WOLF Avenue. We’ll start out with customer bankruptcies due to the fact which is in which credit history troubles, if they can not be fixed, usually stop up. Then we’ll appear at foreclosures, 3rd-party collections, and delinquencies. What emerges is the photograph of a purchaser, even now flush with pandemic cash and soaring incomes. Shopper bankruptcies had plunged when the totally free money arrived, like the PPP financial loans, together with the various forbearance courses and the eviction bans. And…