TransUnion: Credit Card Delinquency Rates, Balances Rise in Third Quarter

Posted by Joachim Bartels | Nov 19, 2012 | Consumer Credit Information, Credit Bureau News, TransUnion, United States | 0 |

TransUnion reports that national credit card delinquency rate (the ratio of borrowers 90 or more days past due) increased slightly to 0.75% in Q3 2012 from 0.71% in Q3 2011. This rate had been 0.63% in Q2 2012, a seasonal low.

Average credit card debt per borrower also increased on a yearly basis by 4.91%, rising to $4,996 in Q3 2012 from $4,762 in Q3 2011. On a quarterly basis, average credit card debt was up 0.50% relative to Q2. This information is reported by TransUnion and is part of its ongoing series of quarterly analyses of credit-active U.S. consumers, evaluating how they are managing credit related to mortgages, credit cards and auto loans.

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Supporting Resources/Links
TransUnion Trend Data Interactive U.S. Map
TransUnion 2Q12 Credit Card Statistics
TransUnion Credit Monitoring Study
TransUnion Payment Hierarchy Study
TransUnion Deleveraging Analysis
TransUnion on Twitter

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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