Credit Card and Debt Statistics Database
by Scott Bilker |
Late Accounts Up |
The value of credit card accounts at least 30 days late jumped 26 percent to $17.3 billion in October from a year earlier at 17 large credit card trusts. That represented more than 4 percent of the total outstanding principal balances owed to the trusts on credit cards that were issued by banks such as Bank of America and Capital One and for retailers like Home Depot and Wal-Mart. |
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Categories: |
Household Debt,Consumer Debt,Credit Card Debt,Late |
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Reporting Pub: |
Comcast.net |
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Reporting Date: |
12/23/2007 |
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Article
Title: |
Unpaid Credit Cards Bedevil Americans |
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Article
Author: |
Rachel Konrad and Bob Porterfield |
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Pub's Source: |
Associated Press |
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Source
URL: |
View details from source |
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