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Credit card delinquency rates, balances rise in Third Quarter


By tvgnus   Follow   Sun, 18 Nov 2012, 9:37pm PST   260 views   1 comment
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http://www.centralvalleybusinesstimes.com/stories/001/?ID=22316

Carried an average balance of just under $5,000 •  Credit card delinquencies are following a pattern Borrowers who are 90 or more days past due on their credit cards increased slightly in the third quarter, according to a report Monday from credit reporting company TransUnion LLC.

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upisdown   Mon, 19 Nov 2012, 9:59pm PST   Share   Quote   Permalink   Like   Dislike     Comment 1

How can that be? Everybody that I've ever met claims to pay off their CC balance every month.

Come to think of it, some of those same people won a lot of money in Vegas too.

I'm starting to see a pattern.

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