Lowest Credit Card Delinquency Rate in 18 Years

Credit card delinquencies have reached an 18-year low, signaling that more cardholders are paying their bills on time. The number of accounts that were 30 days or more overdue dropped to 2.47% in the fourth quarter of 2012, according to … Continue reading

E-Commerce Sales Up 17.3 Percent

Sales through e-commerce were $56.99 billion in the third quarter, up from $48.59 billion a year ago, according to figures released by Census Bureau of the U.S. Department of Commerce. This 17.3 percent increase far exceeds total retail sales growth of … Continue reading