When it comes to how much debt we carry on our credit cards Texans are more credit card savvy. As a state, we have far less debt than all other states in America.
These days more credit card customers are paying their bills on time than they have over the course of the last decade.
A report released earlier today by the American Bankers Association indicates that delinquencies on credit cards are currently at an 11-year low, with only 2.93 percent of credit accounts reported past due by 30 days or more. These figures come in substantially under the 3.91 per
Being denied credit is never fun, and for one 99-year-old woman, it was especially disheartening. She was turned down for a store credit card because of her age — but as it turns out, it was all a big misunderstanding.
Credit card debt may have jumped during the holiday shopping season, but a new report indicates good old cash is still our first choice when we pay for smaller, everyday items.