Most loan categories show drop in tardiness
by Ted Carter
Published: January 15,2012
Tags: American Bankers Association, Bank card delinquencies, Consumer delinquencies, delinquencies, Household debt levels, James Chessen
Consumer delinquencies fell in seven of 11 loan categories in the third quarter of 2011, with two categories – bank cards and home equity lines of credit — holding virtually steady, the American Bankers Association reports. The composite ratio, which tracks delinquencies in eight closed-end installment loan categories, fell 29 basis points to 2.59 percent [...]
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