Wednesday, June 8, 2011

Wise To Prioritize Credit Cards Over Mortgage Payments?

The U.S. Census Bureau expects 188 million active credit card holders this year. Credit reporting agency Transunion says there is a growing number of Americans who are paying their mortgages late so they can pay their credit card bills on time. Host Michel Martin and personal finance expert Alvin Hall discuss whether or not logic exists behind this balancing act. They also review other important news in the credit world.

Source: http://www.npr.org/2011/06/07/137031100/wise-to-prioritize-credit-cards-over-mortgages-payments?ft=1&f=46

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