Between today's record-high rates and the compounding nature of the interest charges, a large number of Americans are ...
If you fail to make a minimum monthly payment 30 days after your due date, that's a credit card delinquency. Delinquencies are reported to credit bureaus and can stay on your credit report for up to ...
Negative activity, such as a delinquent account, can stay on your credit report for seven years. If you had excellent credit, it is likely that a delinquent account may more adversely impact your ...
The state of Florida has the second-highest credit card delinquency rate in the nation at 11.68 percent. Rates remain ...
The Fed's report sheds light on the growing debt ... the $870 billion peak during the 2008 financial crisis Credit card delinquency rates increased .16% from the prior quarter to 5.32% Younger ...
“Rather than being a sign of broader distress, this increase in delinquencies is explained by a substantial increase in the ...