Consumer delinquency rates saw significant drops in the fourth quarter (Q4) of 2012, led by a drop in credit card delinquencies to the lowest level seen in nearly two decades.
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Credit card delinquencies lowest in nearly two decades |
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Alaska residents have highest credit card debt in nation
Friday, March 15th, 2013Residents of Alaska had the highest average credit card debt in the country in the fourth quarter (Q4) of 2012, TransUnion said in a recent report. Read more
Posted in: Consumer Credit Cards
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Mississippi residents have highest credit card delinquency rate
Tuesday, March 12th, 2013Mississippi residents had the highest credit card delinquency rate in the nation in the fourth quarter (Q4) of 2012, TransUnion said in a recent report. Read more
Posted in: Business Credit Cards, Consumer Credit Cards, Student Credit Cards
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Consumer credit card debt rises, as does delinquency rate
Tuesday, March 5th, 2013Consumers piled up more credit card debt and also paid late more often in the fourth quarter (Q4) of 2012, TransUnion said in a recent report. Read more
Posted in: Business Credit Cards, Consumer Credit Cards, Student Credit Cards
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Credit scores increasing across the nation
Thursday, February 21st, 2013The number of consumers with credit scores in the subprime category dropped year-over-year, with improvement seen in many metropolitan areas, Equifax revealed in a recent report. Read more
Posted in: Banking, Credit Cards, Insurance, Loans
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Northern California cities top the chart with highest credit scores
Friday, February 15th, 2013Two metropolitan areas in northern California ranked highest in a recent study conducted by TransUnion that revealed metropolitan areas with the highest and lowest credit scores. Read more
Posted in: Banking, Credit Cards, Insurance, Loans
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Credit card delinquencies at lowest point in nearly two decades
Friday, February 8th, 2013Consumer delinquencies fell in the third quarter (Q3) of 2012, led by a large drop in bank card delinquencies, the American Bankers Association (ABA) said in a recent report. Read more
Posted in: Business Credit Cards, Consumer Credit Cards, Home Equity, Student Credit Cards
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Smartphone payments will overtake credit cards, but not just yet
Wednesday, February 6th, 2013A majority of Americans believe that smartphones will replace credit cards for payment transactions in the future, but not quite as many are ready to adopt this technology just yet. Read more
Posted in: Business Credit Cards, Consumer Credit Cards, Student Credit Cards
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Majority believe that smartphone will replace credit cards
Wednesday, January 23rd, 2013Nearly two-thirds of Americans believe that smartphones will overtake credit cards for payment transactions, the results of a Harris Poll revealed recently. Read more
Posted in: Business Credit Cards, Consumer Credit Cards, Student Credit Cards
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More consumers pay credit card bills late in Q3
Tuesday, December 18th, 2012The credit card delinquency rate on a national level rose in the third quarter (Q3) of 2012, TransUnion said in a recent report. Read more
Posted in: Business Credit Cards, Consumer Credit Cards, Student Credit Cards
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