WASHINGTON (AP) - A report is showing that more Americans are keeping up with their credit-card payments.
The American Bankers Association says the percentage of bank-issued credit cards that were 30 days or more overdue fell to an 11-year low in the second quarter. That came as consumers keep a tighter grip on their finances amid economic uncertainty.
But the association says delinquencies rose on home-equity loans, home-equity lines of credit and home improvement loans in the April-June quarter. The association notes that it will take time for the recovery in the housing market to be reflected in lower delinquency rates.
Credit-card delinquencies in the second quarter fell below 3 percent of total accounts for the first time since 2001, reaching 2.93 percent. That's down from 3.08 percent in the first quarter.
Thursday, May 23 2013 12:32 PM EDT2013-05-23 16:32:00 GMT
The Texoma Cowboy Church is hosting a walk-a-thon called 'Stomp Out Cancer.' The event will be Friday from 6 p.m. to midnight at 919 U.S. Hwy. 281 South.
The Texoma Cowboy Church is hosting a walk-a-thon called 'Stomp Out Cancer.' The event will be Friday from 6 p.m. to midnight at 919 U.S. Hwy. 281 South.
Thursday, May 23 2013 12:23 PM EDT2013-05-23 16:23:52 GMT
The Texas Parks And Wildlife Department will host the 21st Annual Mark Howell Kid Fish Rodeo at Lake Arrowhead State Park. It will be June 1 from 10 a.m. to 12 p.m.
The Texas Parks And Wildlife Department will host the 21st Annual Mark Howell Kid Fish Rodeo at Lake Arrowhead State Park. It will be June 1 from 10 a.m. to 12 p.m.
Thursday, May 23 2013 10:08 AM EDT2013-05-23 14:08:45 GMT
Wichita Falls City Councilors approved a 77 acre reinvestment zone at the Wichita Falls Business Park during Tuesday's meeting. The approval paves the way for a tax abatement for a prospective company
Wichita Falls City Councilors approved a 77 acre reinvestment zone at the Wichita Falls Business Park during Tuesday's meeting. The approval paves the way for a tax abatement for a prospective company
