Americans Revert to Valuing Mortgages Higher than Credit Cards
Reversing a post-Lehman trend, Americans are once again paying their mortgages ahead of credit cards, but auto loans take the highest priority....
Tag: credit card delinquencies
U.S. Credit Card Delinquencies, Debt Remain at Record-Lows
The credit card delinquency rate, as well as the credit card debt burden of U.S. consumers remained at record-low levels in 2013 Q4....
This Is a Great Time to Be a Credit Card Company in America
Low as they already were, US issuers' charge-off and delinquency rates fell further in 2013 Q3, even as Americans kept increasing their credit card spending....
Credit Card Delinquencies Fall in Every U.S. State
Both the credit card delinquency rate and the average credit card debt per borrower in the U.S. dropped on an annual basis during 2013 Q3....
U.S. Credit Card Delinquency, Default, Repayment Rates Set New Records
U.S. credit card charge-offs fell to 3.44% in 2013 Q3; the 60-day delinquency rate dropped to 1.30%; the monthly payment rate (MPR) spiked to 26.27%....