Are Australians the New Americans in Credit Card Spending?
Australians have increased their outstanding credit card balances by 42% and now owe $52.3B, while Americans have reduced credit card debt by 18.2%....
Tag: credit card statistics
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....
U.S. Consumer Credit Card Debt Up 2.9%
The overall volume of credit card debt in March increased by 2.9%, or $1.9B, bringing the total up to $796.1B, reversing a 2.5-year-long trend....
Are You Quitting Credit Cards?
While credit card defaults and delinquencies are falling in the U.S., more than 8M Americans have stopped using credit cards altogether in 2010....
U.S. Credit Card Delinquencies Fall for 17th Consecutive Month
Americans continued paying their credit card balances on time in March. Each of the six biggest national credit card issuers reported lower rates of late payments and of credit card defaults for the month in their latest regulatory filings, setting new...