Delinquent payments on credit cards continue downward trend

Posted on : 25-05-2010 | By : Angela King | In : Credit Cards

Tags: Trend

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Staying on time for credit card payments was easier for some consumers during the first quarter.

Following trends seen throughout the economic downturn, consumers continued to concentrate on remaining current on their credit card debt, according to figures released recently from TransUnion.

According to the company, which specializes in providing financial information, the number of card accounts in the country that were more than 90 days late on payment fell 8.3 percent from the fourth quarter of last year to the first quarter of 2010. Read full article…