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Late payments on credit cards reach 3.34%, matching 1990-1991 recession.

Authors :
Hay, Laurie
Tejada, Carlos
Source :
Wall Street Journal - Eastern Edition. 3/15/96, Vol. 227 Issue 53, pA4.
Publication Year :
1996

Abstract

Reports on the status of credit card payments in the United States. Increase in late settlement of accounts for the 4th quarter of 1995; Increase in late settlement of mortgage loans; Contributing factors; Rise in employee debt level.

Details

Language :
English
ISSN :
00999660
Volume :
227
Issue :
53
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
9604022122