
More consumers pay credit card, but not mortgage (St. Louis Post-Dispatch)
More info...
CHICAGO U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit-card obligations. But an alarming trend is emerging: A small but growing number of people are skipping mortgage payments in favor of paying their credit card bills.
Video Feature
Resources
Latest News
- Credit Suisse Chief to Get $67.6 Million in Stock (New York Times)
- Credit reports: Who's looking at yours? And why? (AP via Yahoo! News)
- South African Credit Drops for Fifth Straight Month (Update2) (Bloomberg)
- Ford Credit Risk Drops to Almost Three-Year Low on Volvo Deal (Bloomberg)
- Who paid David Coleman Headley's credit card bill? (The Times of India)
- Fitch Cuts SunTrust Ratings on Credit Concerns (ABC News)
- 49% Support More Government Oversight of Credit Card Industry (Rasmussen Reports via Yahoo! News)
- Markets fall after Portugal credit downgrade (Reuters via Yahoo! News)
- Cemex Notes May Be Priced at 5.25% to 5.75%, Credit Suisse Says (Bloomberg)
- Vale Seeks 90% Ore Price Gain, Credit Suisse Says (Update3) (BusinessWeek)