Wednesday, January 17, 2007

Sign On San Diego - "Late credit card payments in summer climbed to highest point in a year" (1-9-07)

"The American Bankers Association, in its quarterly survey of consumer loans, reported Tuesday that the percentage of credit card payments 30 or more days past due increased to 4.57 percent in the July-to-September quarter of last year."

1 comment:

Anonymous said...

you know, personally I think, that networks and issuers should toughen credit payments control system, otherwise the percentage will keep rising. I realize that would be no good news for credit card holders