Community:
Forum
Blog

Credit in the News

Contributor

Posts: 133

Registered: ‎04-07-2008

Credit Card Deliquencies Drop to 11-year low

‎10-04-2012 08:18 AM

I wasn't sure if anyone posted this already, but I think this is great.

NEW YORK (CNNMoney) -- Credit card customers are more responsible than they've been in over a decade.

Delinquencies on credit cards issued by banks dropped to the lowest level since 2001 during the second quarter, according to a report from the American Bankers Association released Thursday.

http://money.cnn.com/2012/10/04/pf/credit-card-delinquencies/index.html?hpt=us_c2

7/11/08: EQ: 635, TU: 658, EX: 607
10/10: TU 634, EQ 626, Ex 626
9/14/2012: TU 622, EQ 660
10/16/2012: TU 731, EQ 706 - finally on my way!

Message 1 of 1 (390 Views)

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO^® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO

Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.

FICO and myFICO are registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Score Watch is a registered trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO scores and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.