Education, Fear of Debt and Credit Scores
The Great Recession took its toll on Americans' credit scores, but the fear of debt that has been gripping them will reverse the trend....
Tag: credit card debt
Americans Cut Back Sharply on Credit Cards Use
The latest Federal Reserve data show that, following several months of increased spending, Americans are once again cutting back on credit card use....
Citigroup Pushes U.S. Credit Card Charge-offs up, Delinquencies Keep Falling
A big increase in Citi pushed the U.S. charge-off rate up to 5.21% in April; the credit card delinquency rate dropped to 2.59% -- the lowest ever....
Americans Get More Credit Cards, Keep Paying on Time
The U.S. credit card delinquency rate in Q1 2012 fell to 0.73%, credit card debt is also down and Americans are getting more new credit card accounts....
Americans Are Slashing Credit Card Debt and Other Facts
Paying off credit card debt has become a much higher priority for Americans in the post-Lehman world than it has been in a very long time....