U.S. Consumer Credit Card Debt Down 4.1%
The overall volume of credit card debt in February decreased by 4.1%, or $2.7B, bringing the total down to $794B, the lowest level in six years....
Tag: credit card statistics
Americans Still Pay down Credit Cards before Mortgages
Consumers who were delinquent on their mortgages and current on their credit card payments in Q4 2010 was 7.24%, while the inverse ratio was 3.03%....
U.S. Credit Card Defaults Lowest in 2 Years
Americans continued paying down their credit card debt in February, with credit card charge-offs dropping to their lowest level in 2 years....
Banks May Limit Debit Card Transaction Size to Fight Fee Limit
Banks are mulling limits on debit transactions in the latest phase of their battle with retailers and legislators over the size of interchange fees....
U.K. Credit Card Fraud Falls to Lowest Level in a Decade
Credit and debit card fraud in the U.K. fell by 17% in 2010 for a second year in a row to ?ú365.4M ($591.7M) - its lowest level in a decade....