Transunion: Americans carrying more credit card debt - WCIV-TV | ABC News 4 - Charleston News, Sports, Weather

Transunion: Americans carrying more credit card debt

Posted: Updated:

LOS ANGELES (AP) -- An analysis of consumer-credit data shows that Americans are carrying more credit card debt than a year ago, yet the late-payment rate for card holders remains near an 18-year low.

Credit reporting agency TransUnion says the average credit card debt per borrower in the U.S. in the second quarter was $4,971. That's about 6 percent more than a year earlier.

The rise in card balances coincides with a 4 percent increase in the number of new cards issued to consumers in the second quarter.

Meanwhile, the rate of payments at least 90 days overdue inched higher to 0.63 percent from 0.60 percent in the same period last year, when the rate hit the lowest level in 18 years.

Powered by WorldNow

ABCNews4 WCIV-TV

888 Allbritton Dr.
Mt. Pleasant, SC 29464
843-881-4444 | Advertising Information

Public Information File

For assistance with accessing WCIV-TV's public information file, click here.

Advertising

Advertising Credit Application and Terms and Conditions PDF.

Powered by WorldNow
All content Copyright © 2014 WCIV and Worldnow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.