Late credit card debts rise in June
From Times Staff and Wires
Overdue debts at the six largest U.S. credit card lenders rose in June after falling the two previous months as the effects of tax rebates faded, data compiled by Bloomberg show.
Loans on which payments were late by at least 30 days averaged 4.03% of all credit card debt in June, 0.05 percentage points higher than May.
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