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Loan Modification

: Loan Modification & Home Loan News

People Paying Credit Cards Before Their Mortgages

By Moe Bedard

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Amid high unemployment and sliding home prices, a growing number of struggling consumers are doing what was once considered unthinkable: paying their credit card bills instead of their mortgages. A recent study developed by TransUnion found the percentage of Americans who were current on their credit cards but behind on their mortgage increased to 6.6 [...]

Full post as published by Loan Modification & Home Loan News on February 10, 2010 (boomark / email).

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