Handling Debt

Tony Pugh writes for McClatchy –

“For the first time in 10 years, the national credit card delinquency rate fell from the second to the third quarter, more evidence that Americans are trying to pay down their debt as the recession continues to claim jobs.

The share of U.S. credit card holders who are 90 or more days delinquent fell to 1.1 percent in the third quarter, down nearly 6 percent from the second quarter, according to a new report by TransUnion, one of the leading credit-reporting agencies.

Mississippi topped all states with a 13.4 percent quarterly drop in its delinquency rate.”

read more at McClatchy


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