credit card

[Greg Nowell]

I remember now that the article on credit cards I read
was published by the Times Union on Monday and that the
author, a woman, writes for the Washington Post writers
group, so it's a syndicated deal.

She said that 42% of all cards are now being paid off
monthly, up from 29% a few years ago, that the growth
in credit card debt had slowed from something like 15%
to 3%, and that credit card bankruptcies had declined
to a minimal fraction.

If s.o. is "into credit cards" and can clarify whether
this stuff is bogus or not I'd be interested to hear.
I think the article is posted in the business section
of the Aug 31 times union at www.timesunion.com, but
maybe not, if the syndicate won't let it.  I would like
to have a better take on the benign/malign data
w/regard to card use.

--
Gregory P. Nowell
Associate Professor
Department of Political Science, Milne 100
State University of New York
135 Western Ave.
Albany, New York 12222

Fax 518-442-5298