Mini Credit Reports Blog

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Tuesday, February 23, 2010

Report: Colo. consumers pay credit cards first (Vail Daily)

In the calculus of what bills to pay first, Colorado consumers are placing credit cards ahead of mortgages, according to a report Monday from credit-reporting agency Trans Union. Nearly 5 percent of Colorado mortgage borrowers in the fourth quarter were seriously delinquent, which TransUnion defines as 60 days or more behind. That is up from 3.05 percent of borrowers at the start of the ...

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