Free Site registration
  • Full Collections & Credit Risk site access

  • CCR Newsline, our daily email newsletter

  • Learn about upcoming web seminars; conferences; tradeshows

Consumer Credit Shrinks Further

PaymentsSource | Monday, August 9, 2010

U.S. credit card borrowers shed $4.5 billion in debt in June, continuing the pattern of reducing overall outstanding receivables that began in the fall of 2008, according to the Federal Reserve.

This article is available to registered users of Collections & Credit Risk. Register below for FREE access or log-in.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Advertisement
Advertisement
Advertisement