U.S. Credit Card Delinquencies Up in 2nd qtr

Published on:
12 September 2006 at 10:18 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00006323-us-credit-card-delinquencies-up-in-2nd-qt/

WASHINGTON – U.S. credit card delinquencies rose in the second quarter on higher gas prices and slow job growth, a trade association report showed on Tuesday.

The number of people past due on their credit card bills edged up to a seasonally adjusted 4.28 percent of all accounts in the second three months of 2004 from 4.21 percent in the first quarter of the year, the American Bankers Association said. The record high of 4.43 percent was recorded in the last quarter of 2003.

For this complete story, please visit U.S. Credit Card Delinquencies Up in 2nd qtr.

U.S. Credit Card Delinquencies Up in 2nd qtr

Unknown Author

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