Card freshs 03-19-2003 Almost Ha...

Card freshs

03-19-2003

Almost Half Of Americans Making Minimum or No Payments forward Credit Card Balances

ISSN: 08940797
Publication Date: 03-19-2003
Page: 1
Type: Periodical
Language: English

Forty-six percent of all Americans are making just minimum payments or no payments forward their credit card balances, according to a examine released March 7 by the Cambridge Consumer Credit Index. Of those viewed who had revolving balances upon their credit cards, 6% made no payments, 40% plan to make slightly more than the minimum payment, 37% look for to pay less than half the balance still more than the minimum,