According to a report issued by TransUnion, a credit reporting agency, the average customer in Hawaii carried a credit card balance of $4,978 during the first quarter of 2013. This represented a 2.3 percent decrease from the same period a year prior. More importantly, only 0.47 percent of customers were 90 days or more delinquent on their credit card payments, a decrease from the 0.54 percent during the first quarter of 2012. Local economists feel encouraged by this slight progress and feel that it is a sign that Hawaii’s economy is slowly improving.
Source: Honolulu Star Advertiser, 5-22-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
