Credit Card Balances down 28% with New Credit on the Rise
Are you involved in the management of your company’s card portfolio?
What recent trends are you seeing regarding balances, delinquencies, and new accounts?
The latest statistics from Equifax’s May National Consumer Credit Trends Report are out and there are some interesting trends that could bode well for near-term economic growth.
You can review the full summary here on Equifax.com
Want to learn more? Send us an e-mail.
This post was contributed by: Amy Crews Cutts.
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