Credit card users payed back 17.15% of their outstanding balances in February, down from 20.46%...

|By:, SA News Editor

Credit card users payed back 17.15% of their outstanding balances in February, down from 20.46% a year ago - setting the stage for deeper pain for issuers. As one analyst explains: "Payment rates are a forecasting tool for delinquencies and charge-offs. Lower payment rates signal consumer distress."