Monday, November 23, 2009

WE SOUTH DAKOTANS NEAR BEST IN MANAGING OUR CREDIT CARD DEBT


Transunion reports today that South Dakota has one of the lowest credit card delinquincy rates in the country.  Nevada was highest at near 2%, while South Dakota was second lowest at about 0.7%.

This probably says something about how we manage debts and pay them off, in general.  Which probably also helps expain why our home prices are holding relatively steady while the rest of the U.S. market goes on roller coaster real estate thrill rides.

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