U.S. Credit Card Delinquencies Hit a 23-Month Low
August marked the 23rd consecutive month in which the rate of credit card payments late by 60 days or more decreased; charge-offs rose slightly....
Tag: credit card statistics
Prepaid Card Market Explodes, to Reach $118.5B by 2012
Prepaid card use has been growing very rapidly, reaching $18.3 billion in 2009 and is projected to jump to $118.5 billion by 2012....
U.S. Credit Card Balances, Late Payments Continue to Fall
Americans have reduced their revolving credit lines, comprised mostly of credit card balances, by 6.3% in July from June, a decrease of $4.4 billion....
Credit Card Use in U.S. Falls to Record Low
Americans are turning away from their credit cards in ever increasing numbers, replacing them with cash, checks, debit, prepaid and gift cards....
Credit Availability Still Way Short of Consumer Demand
Access to credit is still very difficult for most Americans and lenders are likely to keep it short of demand through the end of 2010....