Americans Whip out Their Credit Cards in May
Americans took on more credit card debt in May than they had in years, and continued to ramp up more student and auto loans as well, the latest Fed data show....
Tag: credit card debt
U.S. Credit Card Defaults, Delinquencies at New Record-Lows
U.S. credit card charge-offs fell to 3.92% in May; the 60-day delinquency rate dropped to 1.48%; the monthly payment rate rose slightly to 23.52%....
Americans Take out More Student and Auto Loans, still Cautious with Credit Cards
Americans remained cautious with their credit cards in April, but continued to take out more student and auto loans, the latest Federal Reserve data show....
Alaska Keeps Leading Nation in Credit Card Debt, by a Huge Margin
Alaskans carried $6,789 in credit card debt in Q1 2013, on average, way ahead of Colorado residents who owed $5,525; Iowans had the lowest average -- $3,810....
Americans Pay down Credit Card Debt, Student Debt Keeps Rising
Americans paid down some credit card debt in March, but kept taking out more student and auto loans, the latest Federal Reserve data show....