Looking for a job? According to The Wall Street Journal, many major banks in the US are bulking up their collections departments' personnel and emphasizing their efforts to contact late payers more immediately than before. If you go on vacation and forget to pay your credit card bill on time, you may return home to not only a late fee but a message from the bank issuer.
Credit card carriers are cracking down and calling delinquent payers as soon as one day after their bill was due. Pay your bill as soon as you realize it's past due, because your bank may call frequently with friendly reminders that you owe money. The Federal Reserve's most recent calculations show that Americans are carrying $969.9 billion in revolving debt, and consumers are leaning on credit cards more as unemployment goes up.