Credit Card Defaults and Unemployment Rates on the Rise Again

After months of credit card defaults and unemployment rates decreasing, the latest S&P/Experian credit indices and the U.S. Bureau of Labor Statistics data show that April 2011 is a whole different story. Data released through the month shows an increase in the number of Americans who defaulted on credit cards [...]

Source: http://blogs.forbes.com/ilanagreene/2011/05/25/credit-card-defaults-and-unemployment-rates-on-the-rise-again/

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