U.S. Consumer Credit Card Debt Down to Lowest Level in 7 Years
The overall volume of US consumer credit card debt in April fell by 1.4%, or $1B, bringing the total to $790.1B, the lowest level since August 2004....
Tag: credit card delinquencies
Consumer Debt Rises in Canada
While Americans have been systematically reducing their outstanding overall and credit card debt since Sept. 2008, Canadians have been increasing it....
U.S. Credit Card Delinquencies Fall for 18th Consecutive Month
Americans continued paying their credit card balances on time in April, with credit card delinquencies falling for the 18th consecutive month....
Americans’ Credit Card Payments Timeliest in 15 Years
The U.S. consumer credit card delinquency rate in Q1 2011 fell to 0.74%, 10% lower than the Q3 2010 level and the best showing in 15 years....
U.S. Household Debt Holds Steady in 2011 Q1
Aggregate debt held by U.S. households at the end of March was $11.5T, 0.3% higher than the level measured at the end of the previous quarter....