Wednesday, May 16, 2012

More Credit Cards Issued

U.S. credit card owners are starting to get their payments on time. The rate of payments at least 90 days over due, dipped in the first 3 months of the year to .76%. That's down from .78% at the end of last year. There are more cards being issued now and 24.1% of that are higher-risk borrowers. They are expected to use them a lot because of not having them from previous years.

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