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On-Time Credit Card Payments Expected Next Year

Posted Thursday, December 10, 2009 in Credit-Mortgages-Finances
by Elaine Roxane Winter

Despite the fact that unemployment is still low, consumers are expected to be able to pay off their credit cards debts next year, according to KOMO News.  

TransUnion, a credit reporting agency said that they expect credit card delinquencies to continue falling through 2010 but at a slower rate than in the past two years.   Unless more jobs become available next year, there will be dramatic improvements for on-time credit card payments.  

Read the full article at KOMO News by clicking here.

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