Take me down to Emerald City ...

... where the grass is green and the girls are pretty
Oh, won't you pleaaaaaase take me home?

From the NY Daily News: Late bills soaring in city: Debts rise on credit cards, auto loans.

Credit card and auto loan delinquencies are surging in the city.

In fact, by the end of next year, the number of New Yorkers expected to be at least 90 days behind on their credit card bills is projected to jump 45%, execs from credit bureau TransUnion told the Daily News.

That would mark the highest percentage of significantly past due credit card bills in at least five years.

In addition, the number of New Yorkers more than 60 days late on their car bills is expected to soar 22% increase.

The picture will be even grimmer for mortgages.

While approximately 1% of New Yorkers will be late paying their credit cards and auto loans, more than 6% of New Yorkers will be at least 60 days late on their home loan payments by the end of next year - a jump of two-thirds, according to TransUnion in an announcement set for today.

That would mark the highest level of city mortgage delinquencies in 16 years.

New York, Number One, we always Number One!