Late payments up on US home loans, stable on cards

Newswire

By Jonathan Stempel NEW YORK, March 29 (Reuters) - Americans are missing more payments on home equity loans but credit card delinquencies are holding steady, suggesting that housing pressures have yet to make it tougher for people in general to pay their bills. In its quarterly study of U.S. consumer borrowing, the American Bankers Association said late payments on home equity loans rose to 1.92 percent from 1.79 percent in the third quarter, and were the highest since the first quarter ...

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