South Florida suffers from credit ‘hangover’ with record delinquencies

By Donna Gehrke-White, Sun Sentinel
6:24 a.m. EDT, May 16, 2012

South Floridians used and abused their credit cards, and some are woefully behind in payments. In fact, South Florida has the worst credit ranking in the nation.

So says an index released early Wednesday by CredAbility, a nonprofit credit counseling agency. Of the 25 top metro areas surveyed, Broward, Palm Beach and Miami-Dade counties rate the worst at trying to dig themselves out of credit card debt.

Read more…,0,2146740.story