The Salt Lake Tribune
Friday, January 30, 2009
The numbers don't look good
The latest report from credit-card research firm CardTrak.com shows that the average household with at least one credit card owed a fairly large sum in 2008: nearly $11,000. CardTrak said it has picked up on a disturbing trend in recent months: Consumers are paying a smaller portion of their outstanding balances each month. Read why here.
posted by Lesley Mitchell @ 3:06 PM |

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About Lesley
   Lesley Mitchell has been a business reporter at The Tribune since 1997, covering real estate, the retail industry, personal finance and economic development. She's been a devotee of frugal living for more than three decades, starting when she was 8 and began washing cars (rain insurance anyone?) as a way to fund her goal of early retirement. A graduate of Utah State University's MBA program, Lesley, and her family, are dedicated to finding creative ways to save money, avoid debt and still have fun.
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   How do you and your family save money? Send an e-mail to lesley@sltrib.com.