Credit Card Debt Drops to Eight-Year Low

By admin • September 18th, 2010
Consumer bottom-line credit card debt has dropped to its lowest level in over eight years, as card holders continue paying off those high-interest balances.
The average combined debt for bank-issued credit cards fell to $4,951 in the three months ended June 30, 2010, down over 13% from $5,719 in the same

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