The nation's economic troubles are taking its toll on consumers carrying too much debt - delinquencies are rising among many types of consumer credit accounts, as reported by the American Bankers Association (ABA) for the third quarter of 2008. Delinquencies are counted as accounts that are over thirty days past the payment due date. The ABA tracks eight types of non-revolving, closed-end installment loans - home-equity line-of-credit (HELOC), property improvement loans, direct and indirect auto loans,...
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