July 9, 2013
THE WAGES OF AFFLUENCE:
Credit card delinquencies lowest since 1990 (Melanie Hicken, July 9, 2013, CNN Money)
Delinquencies on bank-issued credit cards -- on accounts that were 30 days or more overdue -- fell to 2.41% in the first quarter of 2013, the lowest level since 1990, according to an American Bankers Association report released Tuesday.Delinquencies in 10 other lending categories, ranging from car loans to personal loans, also shrunk during the quarter, according to the report.
Posted by Orrin Judd at July 9, 2013 5:21 AM
Tweet
« WE AREN'T GOVERNED BY THE ARTICLES OF CONFEDERATION: |
Main
| ONE OF THE MANY GOOD THINGS ABOUT THE END OF EMPLOYMENT...: »