May 16
Americans are carrying less credit card debt and making more payments on time, according to an analysis conducted by TransUnion.
During the first quarter of 2010, the number of people making late payments was 8.3 percent lower than the previous quarter. The average amount of debt consumers held decreased by 4.95 percent during the same time period.
At 1.79 percent, residents in Nevada have the highest delinquency rate, followed by Florida and Arizona. Read more…
Tags: Card Debt, Credit Card, Credit Card Debt, Payments