Consumer credit card balances fell in the second quarter | OregonLive.com
"Average credit card debt per borrower slipped to $4,965 in the
second quarter from $4,971 in the same period last year, TransUnion
said. Card debt rose from $4,875 in the first quarter.
Meanwhile, the number of new credit card accounts opened by consumers increased in the first three months of the year.
The data lags by a quarter, so the latest TransUnion figures cover
the January-March period. They show that the number of new credit card
accounts rose 5.6 percent from the same period in 2012.
The share of cards issued to borrowers with less-than-perfect credit
was essentially flat at 27.3 percent versus 27.4 percent a year earlier.
That's still well below the roughly 45 percent share of cards going to
non-prime borrowers before the recession, however."
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