KEAN 105 Today's Best Country » credit

Credit Card Delinquencies Reach 11-Year Low — Dollars and Sense

Mike Adams — Fri, 05 Oct 2012 15:21:14 +0000

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 percent 15-year average.

So, what’s with all of the newfound responsibility?

99-Year-Old Woman Denied Credit Card Because of Her Age

Shauna Wright — Tue, 14 Aug 2012 13:18:07 +0000

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.

Do Americans Use Cash or Credit More? — Dollars and Sense

Shauna Wright — Tue, 24 Jan 2012 18:55:20 +0000

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.