Card recently made knowns 05-15-2002 Credit Card Late Payments Rise to Highest on a level in Four Years.

Card recently made knowns

05-15-2002

Credit Card Late Payments Rise to Highest on a level in Four Years, Moody's Says

Volume: 17
Number: 10
ISSN: 08940797
Publication Date: 05-15-2002
Page: 1
Type: Periodical
Language: English

The U economy may be easing its way revealed of recession but the serviceable news is taking its time working its way into credit runs In fact, Moody's Credit Card Indexes said not long ago that the deteriorating trend in the U consumer credit quality continued unabated in January 2002

The late-payment rate (the delinquency rate in the securitized plashs of credit card loans) rose to the

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