U.S. Credit Card Defaults Fall to 20-Month Low
Americans continued paying their credit card bills on time in December, with credit card defaults reaching their lowest level in 20 months....
Tag: credit card delinquencies
Consumer Credit Card Debt Falls for 27th Consecutive Month
US consumers have reduced their credit card balances by $4.2B in November from October, a decrease of 6.3% and the 27th consecutive month of decline....
Consumer Credit Card Use Falls for 25th Consecutive Month
Americans reduced their credit card balances for the 25th month in a row in September, for a total decrease of $159.7 billion since August 2008....
U.S. Credit Card Defaults Fall to 18-Month Low
Credit card defaults, as well as early- and late-stage delinquencies have all dropped in September, while the monthly payment rate remained high....
Consumer Credit Card Use Falls for 24th Consecutive Month
Consumers have cut back on their outstanding revolving credit lines, mostly credit card balances, for the 24th month in a row, according to the Fed....