Subprime may be hitting credit cards, too
NEW York (CNNMoney.com) -- Fallout from the mortgage messiness and less place terms may have got started to weirdo into the recognition card arena, judging from July payments and some initial moves by issuers to fasten the prison guards on cardholders.
After falling for three sequent months, delinquent payments on recognition card game -- defined as more than than 30 years late - increased slightly in July, to 4.64 percentage from 4.62 percentage in June, according to CardWeb.com. A twelvemonth ago, the delinquency charge per unit was 4.18 percent. When will you be debt free?
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Labels: banks, cards credit, cardweb, cnnmoney, credit card information, credit card issuers, credit card rates, credit cards, credit information, debt free, delinquent payments
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