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Credit card delinquency rates, balances rise in Third Quarter

By tvgnus   2012 Nov 18, 9:37pm   392 views   1 comment   watch (1)   quote      

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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1   upisdown     2012 Nov 19, 9:59pm  ↑ like   ↓ dislike   quote    

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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