Because of the lagging economy, credit card companies have been hit hard. High unemployment has lead to a large decrease in borrowing, as well as increasing the number of borrowers unable to make their monthly payments. As unemployment hovers at 10%, the near future for these companies is bleak. Delinquencies and late payments have skyrocketed as borrowers struggle to make ends meet, and while the threat of credit score dings is ever present, getting food on the table and staying under a roof has taken precedence.  Read more... (444 words, 1 image, estimated 1:47 mins reading time)