Latest Posts
Home > Tag Archives: Credit Card Delinquency

Tag Archives: Credit Card Delinquency

Consumer Credit Card Delinquencies Fall to Lowest Level Since 1990

news1

Consumer delinquencies declined significantly in this year’s first quarter, falling in 11 out of 13 loan categories as consumers more carefully manage their finances, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. The composite ratio, which tracks delinquencies in eight closed-end installment loan categories, fell 29 basis points to 1.70 percent of all accounts in the ... Read More »

Demand for Debt Help Expected to Remain at Current Levels Through 2013

news2

TransUnion is has released their forward looking statement on credit card delinquencies. If their analysis holds, demand for debt relief services should remain at current levels with no jump in sight. Although the forecasts are trending upwards and showing a slow loading of the future pipeline for debt relief help with balances expected to increase and more sub-prime cards being ... Read More »

Credit Card Delinquencies Fall by End of 2011

MOD-18552_FS-2011_Q4_CreditCardInfographics

The national credit card delinquency rate (the ratio of borrowers 90 or more days past due) reached 0.78% in the fourth quarter of 2011, a drop of almost 5% from the same period one year ago and continuing well below historical norms. Not great news for debt relief providers. Average credit card debt per borrower increased $239 from the same ... Read More »

Credit Card Delinquencies Move Downward to Levels Not Seen Since 1996

TU Delinquencies

TraunsUnion has just released their latest report on credit card delinquencies. The lower the level of delinquencies, the lower the level for debt relief services since the vast majority of debt relief inquiries are stimulated by delinquent account holders. In a recent article, here, some in the debt relief community felt that the level of delinquencies was erroneous and not ... Read More »

Mortgage and Credit Card Delinquency Rates Predicted to Decline.

justball-144x125

TransUnion released its annual forecasts today on consumer credit, which indicate that national mortgage loan delinquencies (the ratio of borrowers 60 or more days past due) will drop nearly 20 percent by the end of 2011 to 4.98 percent from an expected 6.21 percent at the conclusion of 2010. The projected decrease in 60-day mortgage delinquencies, a statistic generally considered ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.