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Personal Finances / Credit Cards and Consumer Debt


Subject:  LA Times article Date:  3/18/1998  1:02 PM
Author:  doczeous Number:  914 of 312185

Check out, business section of March 18, 1998, page 1. There's a report on post-30 day deliquencies reaching it's lowest point in the last 4 years. Also that the trend is growing, in lieu of the good economy, of more card users paying off their entire balances.

The article also mentions that because of this trend, card issuers are becoming tougher in their standards of issuing cards.

Fool on!

Doc Zeous

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