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Old 10-13-2009   #1
tony404
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Join Date: Nov 2003
Posts: 926
Default one of the nails in our coffin

http://atlanta.bizjournals.com/atlan...l?surround=lfn

Since September 2008, there are 88 million fewer credit card accounts, and credit lines have been reduced by $751 billion. However, delinquency rates are the highest they have been in five years, with 4.36 percent of bankcard accounts more than 60 days late in September, up from 3.39 percent a year ago and 2.8 percent in September 2007.
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