Credit Card Payment Deliquencies Drop

(CNN) — Credit card payment delinquencies are down to near all-time lows. That’s the finding from a recent TransUnion study reported in The Wall Street Journal Tuesday. The study also found that despite the improving economy, consumers see their credit cards as a way to have convenient spending power. A consultant for TransUnion says that … Continue reading »

Young Adults in Less Debt, But No Credit

(CNN) — Young adults are in less debt than they were a decade ago, but that’s not a good thing. Adults under 35 have more student loan debt and less exposure to credit card, car and home loans. Researchers say that’s a troubling sign for the economy. Debt levels in young adults dropped nearly 14 … Continue reading »