Census Bureau

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 the American Bankers Association. This was down from 2.75% in the third quarter and represents