Washington Business Daily

What percent of credit card accounts that carry a balance has ever had a late payment?

I've been reading about credit card companies changing terms when a late payment is made, but I'm curious as to what percent of accounts (and how many total accounts )that carry a balance is affected by this.

Public Comments

1. Probably a pretty high percentage, especially lately, a lot of credit card companies have been changing their due dates to squeeze more money out.
2. It is depends on amount as well as how much you had late for a payment
3. The FDIC (http://www.fdic.gov/bank/analytical/banking/2005nov/article2.html) Has lots of information on the credit card industry. If you don't find what you need at the site, call them: 877-ASKFDIC (877-275-3342)