Card recents 07-25-2002 U.


Card recents

07-25-2002

U.S. Consumers' Credit Quality Improves In May, Moody's Reports

Volume: 17
Number: 15
ISSN: 08940797
Publication Date: 07-25-2002
Page: 1
Type: Periodical
Language: English

In a reversal of more [i]or[/i] less of the bad news credit card companies have been hearing about the delinquency rates and chargeoffs of American consumer the average credit quality of U consumer improved in May 2002 according to fresh York-based Moody's Investors Service.

The not long ago released data reverses a inclination of 15 consecutive months of deterioration. Moody's says more Americans paid their credit



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