Report: Credit card delinquencies jump

June 8, 2009 A new report by Credit Reporting Agency Transunion says credit card delinquencies jumped 11 percent in the first quarter of this year.

The report suggests that consumers used their tax refund checks to cover day-to-day expenses instead of using the money to pay down debt.

Transunion says the average borrower debt is up over 4 percent to about 57-hundred dollars.