Floridians Lead Nation In Paying Off Credit Debit By Not Mortgages
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In a article released by the St. Petersburg Times, it quotes a study conducted in Florida about how most Floridians can pay off their credit card debt but are letting their mortgages lapse. As the study states, “5.1% of Floridians in the study were delinquent on their mortgages but current on their credit cards in fall 2007 but 12.4% were delinquent on their mortgages but current on their credit cards in fall of 2009. A 143% increase from the fall 2007 to the fall of 2009.