Infographic: Recession survivors are tackling debt

While those shaken by the Great Recession are still stalling on paying down debt, those who are doing better are thriving by changing how they pay their credit card bills, according to an August 2013 survey from research firm Aite Group.

The survey analyzed three groups: the survivors whose financial health had improved since the recession started, those whose financial health declined and those whose financial health did not change. The latter two groups saw very small improvements when it came to paying credit card bills in full every month. Yet the first group, those who bounced back after the recession, have become 15 percent more likely to pay their credit card bills diligently.

This change in behavior is part of an overall trend in consumers' attempts to shed financial complexity, according to the report. While those whose financial health has plummeted since the recession have packed on more loans (and more fees related to those loans), those whose financial health improved have been steadily off-loading financial burdens.

The chart below compares the credit card payment habits of the three surveyed groups. The survey, commissioned by Chase Blueprint, polled 1,242 consumers and has a margin of error of 3 percentage points.

Paying credit card bills after recession

See related: Fed study: Recession really changed our spending habits, More infographics

To use the graphic on your site, use the following code:

 <center><a href=""><img alt=" infographic: On-time bill payment tied to financial health" border="0" src="" /></a> </center>

Join the discussion
We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

The editorial content on is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company's business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.

Weekly newsletter
Get the latest news, advice, articles and tips delivered to your inbox. It's FREE.

Updated: 01-19-2019