Americans Have Fewer Credit Cards, Lower Credit Limits
The number of open credit card accounts in 2011 Q3 is 23% below its 2008 Q2 peak and balances on those cards are 20% below their 2008 Q4 high....
Tag: credit card statistics
U.S. Credit Card Delinquencies Up, but still Near Record Lows
The U.S. credit card delinquency rate in Q3 2011 rose to 0.71%, but is still 14.45% lower than the Q3 2010 level; credit card debt is also down....
Americans Slash Credit Card Debt to Lowest Level in More than 7 Years
The aggregate volume of U.S. consumer credit card debt fell by 1%, or $627 million, in September, reaching its lowest level in more than 7 years....
U.S. Credit Card Defaults Fall Steeply
Americans kept making their credit card payments on time in September; the average charge-off rate fell by 0.75% and is 3.63% lower than a year ago....
Do You Know What You Owe on Credit Cards?
What Americans think they owe on credit cards is only half of the actual total. They agree with lenders on the totals in all other debt categories....