Thursday, April 30, 2015

Consumer debt in Atlanta slows in first quarter

A continued reduction in first and second mortgage debt has kept consumer debt from growing in Atlanta, according to a new report from Equifax Inc. The latest Equifax (NYSE: EFX) National Consumer Credit Trends Report shows Atlanta had a 0.27 percent decrease in total consumer debt in the first quarter of 2015 ($186.7 billion), compared to $187.2 billion in the same period fo 2014. The six metro areas that posted increases included Houston (+4.4 percent), Dallas (+2.5 percent), Denver (+1.3 percent),…

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