US consumers, in general, are repaying their credit card debt in a timely manner, with delinquency rates in the first quarter of 2011 reaching levels not seen in almost 15 years, according to new data released by TransUnion.

In the first quarter of 2011, the average credit card debt per borrower (defined as the aggregate balance on all bank-issued credit cards for an individual bankcard borrower) fell by 5.8 percent to $4,679 from the previous quarter’s average of $4,965. This is the lowest average since the third quarter of 2000 ($4,695) and is markedly lower than the peak experienced during the recession ($5,776 1Q 2009).    Source: TransUnion