Tag: credit card statistics
The Month in Numbers tells us that Americans are giving paying down auto loans a precedence over credit card and mortgage payments....
Americans gave clear preference in 2011 on remaining current on their auto loans, rather than on their credit cards and mortgages....
Americans are using their credit cards more freely than at any time since the financial crisis struck, but they are also repaying them much faster....
The number of open credit card accounts rose in 2011 Q4, but is still 22% below its 2008 Q2 peak and balances are 19.1% below their 2008 Q4 high....
The Month in Numbers tells us that China is going through an explosion in the number of active credit card; Facebook has become a payments platform....
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