Consumer credit card debt drops

On February 21, 2012, in News Feed, by Austin Business News - Local Austin News | Austin Business Journal

U.S. consumer’s credit card debt is continuing to decline, according to a new study by Equifax Inc.

The percentage of income that consumers owe to credit card companies declined between the fourth quarter of 2010 and the fourth quarter of 2011 in near…

U.S. consumer's credit card debt is continuing to decline, according to a new study by Equifax Inc. The percentage of income that consumers owe to credit card companies declined between the fourth quarter of 2010 and the fourth quarter of 2011 in nearly 60 out of 100 metro areas. The cities with the largest reductions are clustered in Florida, Louisiana, Washington and California. Florida had five cities with the largest declines, Equifax said. No Texas cities are among the big decliners. Click here for the entire list...


Austin Real Estate article courtesy of Austin Business News - Local Austin News | Austin Business Journal who writes for Austin Business News - Local Austin News | Austin Business Journal. You can find the original post at Austin Business News - Local Austin News | Austin Business Journal.

Thanks for reading!

If you enjoyed this article, please consider sharing it!
Digg Delicious Mixx StumbleUpon Digg

Comments are closed.



Go To Top »
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/16/12 10:25 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2012.