Credit Card Debt - Late and Higher
May 9th, 2008 | By Rob | Category: credit card debt, late payments
Credit card debt increased by 5% in February and 7.9% in March, according to Marketwatch.
But that’s not rosy for credit card companies. Payments on 4.11 percent of credit cards at the largest six U.S. credit card companies are more than 30 days late, according to Bloomberg. That’s the highest average since November of 2004.
