BIRMINGHAM, Ala. (AP) - Tapped out for cash, many Alabamians
say, "Just charge it." A credit reporting agency says Alabamians
are piling up credit card debt and falling behind on payments at a
higher rate than most other states.
A survey by Chicago-based TransUnion, one of the nation's three
major credit reporting bureaus, found that residents of Alabama
owed an average of $2,014 per credit card in the second quarter,
the third highest figure among the states.
TransUnion says only balances for Alaska -- $2,493 per credit
card -- and Tennessee -- $2,109 per card -- surpassed Alabama.
Iowa's average card debt of $1,280 was the lowest.
NewsNews
Alabamians Pile Up Credit Card Debt
New report says Alabamians are falling behind on payments at a higher rate than most other states.
By:
|
WKRG-TV
Published: September 22, 2008
Published: September 22, 2008
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