Consumers get better grip on credit card debt (Chicago Sun-Times)

Consumers got more serious about paying down their credit card debt this summer, a time when delinquencies usually go up.Cardholders making late payments on bank-issued cards like those bearing MasterCard and Visa logos fell to 1.1 percent for the July-to-September period, down from 1.17 percent in the prior three months, according to credit reporting agency TransUnion.The decline is significant …

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