Credit Card Delinquency Rates Up 11% Over Last Year

07/09/2009 05:12 am ET | Updated May 25, 2011
  • Julianne Pepitone Jun. 8, 2009

NEW YORK (CNNMoney.com) -- Credit card delinquency rates jumped 11% in the first quarter, possibly indicating that consumers are using tax refunds to pay day-to-day expenses, according to a credit reporting agency report released Monday.

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