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Americans Less Behind on Bills

Report Says We Are Less Behind on Bills

It seems the tough economy has taught us some important lessons, or at least better credit habits. According to the American Bankers Association, the number of Americans who are behind on their credit card payments has fallen to an eight-year low. CNN reports:

High unemployment and plummeting home values during the financial meltdown appear to have spurred consumers to shore up their finances and banks to limit their lending, resulting in fewer Americans being late with payments, the industry group said.

Does your stack of bills match these findings, or are you still struggling to maintain your credit card balance and behind on payments?

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Join The Conversation
skigurl skigurl 7 years
I agree with others, I've never made a late payment in my life, but I'm glas others are catching onto the trend.
Spectra Spectra 7 years
We were never behind on anything to begin with, but I'm glad people are able to start paying their bills off now.
akrsouth akrsouth 7 years
Two years ago my husband and I made a drastic career change paid off 50% of our debt from embracing what is takes to live a life of change.
amber512 amber512 7 years
Thankfully I have never made a late payment before.
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