Birmingham ranks among top 10 metros with maxed-out credit cards


Birmingham has ranked in the top 10 metros where cardholders have the most amount of maxed-out credit cards.

That’s according to a recent study by LendingTree subsidiary CompareCards.com that analyzed credit reports from over 1.3 million My LendingTree users with active credit cards in the first quarter of 2019 to calculate the percentage of consumers with current balances equal to or greater than their credit limits.

Birmingham ranked eighth on the list, which shows 29.2% of cardholders with…

Previous Behind the deal: How this Middle Tenn. bank snagged one of its latest acquisitions
Next NBT Bank names new CFO

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *