The percentage of Louisiana residents who are late on their credit card payments dropped by 3.4% from the second quarter to the third quarter. During the third quarter, Louisiana’s credit card delinquency rate was 1.14%, according to TransUnion.com, compared with 1.18% in the second quarter. That’s a little smaller than the quarterly drop reported nationally, which went from 1.17% to 1.10%. Year over year, the percentage of Louisiana residents who are 90 days late or more on their credit card payments was virtually unchanged, from 1.15% in the third quarter of 2008. Nevada had the highest percentage of credit card delinquencies, at 1.98%, while North Dakota was the lowest at 0.66%. The average credit card balance in Louisiana was $5,218 in the third quarter, compared with the national average of $5,612.
La. credit card delinquency rates down
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