|This email was sent to you by:|
Harry Chriest |
Mortgage News Daily
Email alerts, such as this one, are a free service
provided by Mortgage News Daily. If you would like to receive an alert when important news breaks
please register to join our community
What Gets Paid First? TransUnion Study Finds Consumers in Most Markets Revert to Paying Mortgages Ahead of Credit Cards
CHICAGO, IL (Marketwired) - A new TransUnion study has found that, as of September 2013, consumers were once again prioritizing their mortgage payments ahead of their credit card payments. This reverses a trend that began in September 2008, when the mortgage crisis drove consumer payment preferences toward paying credit cards ahead of mortgages. The study also found that consumers have placed an emphasis on paying their auto loans before their mortgages and credit card payments -- by a wide margin -- since at least 2003.
More from MND:
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.