U.S. Consumer Credit Card Debt Down 4.1%
The overall volume of credit card debt in February decreased by 4.1%, or $2.7B, bringing the total down to $794B, the lowest level in six years....
Tag: credit card debt
U.S. Credit Card Delinquency Rate Falls to Lowest Level in 10 Years
Credit card delinquencies in the U.S. fell by 0.36% in the fourth quarter of 2010 to 3.28%, after rising slightly in the previous quarter....
Americans Still Pay down Credit Cards before Mortgages
Consumers who were delinquent on their mortgages and current on their credit card payments in Q4 2010 was 7.24%, while the inverse ratio was 3.03%....
U.S. Consumer Credit Card Debt Down 6.4%
The overall volume of credit card debt in January decreased by 6.4%, or $4.2B, bringing the total down to $795.5B, the lowest level in six years....
Americans Carry an Average of $4,284 in Credit Card Debt
The average American consumer carried $4,284 in outstanding credit card debt in December 2010, a drop of 4% from the same month in 2009....