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BUSINESS

Fewer Americans Expect To Miss A Credit Card Payment In Next Six Months

Even during the busy holiday shopping season, fewer Americans with credit cards think they'll miss their bill payments in the next six months compared to past surveys.

The latest Rasmussen Reports national telephone survey of Adults who have at least one credit card shows that 12% say they are at least somewhat likely to miss a credit card payment in the next six months. Sixty-five percent (65%) say they are unlikely to miss a payment in that time period. These numbers include just five percent (5%) who say it is Very Likely they will miss a payment and 41% who say it’s Not At All Likely. (To see survey question wording, click here.)

The number who sees missing a payment as likely is down from 16% from March and 23% in May of last year. 

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The survey of 780 Adults who have at least one credit card was conducted on December 20-21, 2010 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Has the number of credit card holders who missed a payment in the last six months gone up? Is the bad economy forcing Americans to use credit cards more or less frequently? Become a Platinum member to find out.

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