Credit Card Delinquencies Skyrocket
An AP analysis found startling trends in the number of people falling behind on their credit cards. In October:
Perhaps since it's harder for people to tap their houses for cash, or struggle to make mortgage payments, they're turning to the next available line of credit and finding out that whoops we can't pay that one either. At the same time, the ever decreasing period between when a bill is issued and when it is due certainly doesn't help matters.
Unpaid Credit Cards Bedevil Americans [AP via alexmoskalyukblog]
(Photo: mojojornjorn)
From ConsumerReports.org:






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