More people not paying credit-card bills

Courtesy Marketplace  Fri, 01/15/2010 - 11:07

JPMorgan Chase is writing off $1.4 billion worth of consumer loans in the fourth quarter, and Capital One is writing off more than 10% of its loans.

More and more people are walking away from their credit-card bills. Stacey Vanek-Smith reports.


 

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