Local Credit Card Default Rates Increasing

Please note that this writer is not licensed to practice law in Oregon. This means that he is not legally permitted to give any legal advice or perform any legal services. This Bulletin and the entire contents of this website is written only for attorneys. and is not intended for the public. If any non-attorney is reading this, you must consult an attorney about ANYTHING you read here. Nothing in this website is intended to be nor should be read as being legal advice to anyone.

By Andrew Toth-Fejel, Bankruptcy Litigation Support for Attorneys, Andy@BLSforAttorneys.com

The following information is made available through the Federal Reserve Bank of New York, based on data from TransUnion LLC's Trend Data:

1) Credit card delinquency rate, showing the percentage of accounts that are late 60 or more days:

Oregon Counties
Clackamas 1.46%
Clatsop 1.38%
Columbia 2.00%
Deschutes 1.67%
Douglas 1.88%
Hood River 1.21%
Jefferson 2.70%
Josephine 1.42%
Klamath 1.70%
Lane 1.64%
Marion 2.01%
Multnomah 1.66%
Polk 1.51%
Tillamook 1.95%
Washington 1.54%
Yamhill 1.76%

Washington Counties
Clark 1.57%
Cowlitz 1.69%
Pacific 0.70%
Skamania 0.98%

2) Change in credit card delinquency rate, showing the percentage point difference in 60+ day delinquent accounts from 4 quarters earlier:

Oregon Counties
Clackamas + .29%
Clatsop + .09%
Columbia + .64%
Deschutes + .47%
Douglas + .46%
Hood River + .61%
Jefferson +1.40%
Josephine - .05%
Klamath + .38%
Lane + .31%
Marion + .29%
Multnomah + .22%
Polk 0.00%
Tillamook + .32%
Washington + .28%
Yamhill +1.45%

Washington Counties
Clark + .40%
Cowlitz + .54%
Pacific - .79%
Skamania - .48%

Source: Above data reflects end of quarter, 1st Q 2008, made available by Federal Reserve Bank of New York, from TransUnion LLC's Trend Data.


by: Andrew Toth-Fejel
Bankruptcy Litigation Support for Attorneys
Andy@BLSforAttorneys.com

Please note that this writer is not licensed to practice law in Oregon. This means that he is not legally permitted to give any legal advice or provide and legal services. This Bulletin and the entire contents of this website is written only for attorneys. and is not intended for the public. If any non-attorney is reading this, you must consult an attorney about ANYTHING you read here. Nothing in this website is intended to be nor should be read as being legal advice to anyone.

© 2008 Bankruptcy Litigation Support for Attorneys