Payment on Loans Improves Across the Board

Last week, the LA Times reported that creditors are receiving more of their payments in a timely manner.

Borrowers have been less delinquent than in years past. This development is a welcome trend for a country that has hemorrhaged under debt and insolvency for a number of years.

Creative destruction has waged its war on struggling businesses, many of which have failed to adapt with the times and trials of expanding economies and requiring different skill sets.

Discharging debt, saving money, investing in the future, the American people are turning their financial status around, making up for lost time, putting an end to the profligate patterns of decades past.