Average US Credit Card Debt Per Borrower Up In Third Quarter

4 years 8 months 3 weeks ago Sunday, November 18 2012 Nov 18, 2012 Sunday, November 18, 2012 10:44:00 PM CST November 18, 2012 in News
Source: Associated Press
By: Associated Press

LOS ANGELES (AP) - An analysis of consumer-credit data shows that Americans are carrying more credit card debt and being less diligent about making payments on time.

Credit reporting agency TransUnion said Monday that the average credit card debt per borrower in the U.S. grew 4.9 percent in the third quarter from a year earlier.

Meanwhile, the rate of credit card payments at least 90 days overdue rose to 0.75 percent, up from 0.71 percent in the third quarter of last year.

While higher, the late payment rate is inching higher from historically low levels.

That suggests that most cardholders continue to prioritize their card payments over other financial obligations, such as their mortgage.

TransUnion forecasts that severe delinquency rates on cards will remain near current low levels in the fourth quarter.

 

More News

Grid
List
COLUMBIA - Police released the results of an autopsy investigation following the death of a 4-year-old boy in May, ruling... More >>
2 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 4:15:00 PM CDT August 16, 2017 in Continuous News
COLUMBIA – Ameren Missouri looked to educate the Columbia Fire Department about natural gas and how to find signs of... More >>
3 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 3:18:00 PM CDT August 16, 2017 in News
JEFFERSON CITY - Federal prosecutors announced Wednesday a Columbia man pleaded guilty for his role in a plan to smuggle... More >>
3 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 3:10:40 PM CDT August 16, 2017 in News
COLUMBIA - Several of Missouri's legislators responded Wednesday to the violence from Charlottesville over the weekend. KOMU 8 News... More >>
5 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 1:24:00 PM CDT August 16, 2017 in News
ST. LOUIS (AP) — The nation's largest pharmacy benefit manager will soon limit the number and strength of opioid... More >>
5 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 1:15:51 PM CDT August 16, 2017 in News
LADDONIA - Water issues have recently erupted for the around 500 residents of the small town of Laddonia in... More >>
5 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 1:01:00 PM CDT August 16, 2017 in News
ST. LOUIS (AP) — A black firefighters organization has settled its 2015 lawsuit against the city of St. Louis over... More >>
6 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 12:06:55 PM CDT August 16, 2017 in News
JEFFERSON CITY – The Missouri Public Service Commission denied grant approval of the Grain Belt Express Clean Line that would... More >>
7 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 11:35:00 AM CDT August 16, 2017 in News
COLUMBIA - Policies for prep sports in Missouri are among the safest in the country, according to a new report... More >>
7 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 11:05:00 AM CDT August 16, 2017 in Continuous News
CREVE COEUR (AP) — With his suburban St. Louis meeting with the Israeli ambassador as a backdrop, Missouri's first Jewish... More >>
7 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 10:57:00 AM CDT August 16, 2017 in News
FULTON - The President of William Woods University announced Wednesday that the university's main campus in Fulton will be closed... More >>
8 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 10:40:00 AM CDT August 16, 2017 in Eclipse Impact
COLUMBIA - Police officers responded to a report of a shooting on Greensboro Drive around 11:30 p.m. Tuesday. Officers... More >>
8 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 10:18:00 AM CDT August 16, 2017 in News
COLUMBIA — Two organizations will host a town hall on Wednesday to discuss the impacts of Gov. Eric Greitens' veto... More >>
8 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 10:10:00 AM CDT August 16, 2017 in News
JEFFERSON CITY, Mo. (AP) — Missouri Treasurer Eric Schmitt says he's backing fellow Republican Attorney General Josh Hawley to run... More >>
9 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 9:41:00 AM CDT August 16, 2017 in News
ST. LOUIS (AP) — Authorities say a woman has been arrested on charges of embezzling more than $2 million while... More >>
9 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 9:25:45 AM CDT August 16, 2017 in News
ST. LOUIS (AP) — A Chicago podiatrist has been sentenced to more than seven years in prison and ordered to... More >>
9 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 9:23:45 AM CDT August 16, 2017 in News
ST. LOUIS (AP) — Law enforcement are urging anyone who recognizes a man accused of robbing St. Louis-area Walgreens stores... More >>
9 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 9:21:00 AM CDT August 16, 2017 in News
FULTON - The Fulton Police Department received a call about a trespassing in progress at 101 Spruce St. 2:15 a.m.... More >>
12 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 6:22:00 AM CDT August 16, 2017 in News
Columbia, MO
Broken Clouds 74°
7pm 75°
8pm 74°
9pm 76°
10pm 76°

Select a station to view its upcoming schedule:

Coming Up Next

6:30p
Wheel of Fortune
7:00p
America's Got Talent
8:00p
Marlon
6:30p
Family Guy
7:00p
Arrow
8:00p
Supernatural

Tonight's Schedule

7:00p
America's Got Talent
8:00p
Marlon
8:30p
Marlon
9:00p
Law & Order: Special Victims Unit
7:00p
Arrow
8:00p
Supernatural
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld