According to the Banking Superintendence (SIB) the amount of money owed on credit cards rose to RD$47.5 billion at the end of February. This is an increase of RD$6.16 billion, some 14.91% compared to the same month in 2016.
The largest number of credit card holders use classic cards, estimated to be 1,371,117 individuals, which represents 73.58% of all cardholders. These customers account for 30.69% of the total cash owed to credit card companies.
The second category, gold cardholders, are 336,477, people representing 18.05% of card holders and they owe 21% of the total owed on credit cards. Platinum cardholders, 111.033 people, owe 24.17% of the total.
Fleet cardholders, 18,542, owe the balance.
Statistics show that there has been an increase in the number of classic cards circulating and the total amount owed for these types of cards, while the number of platinum and gold and fleet cardholders have decreased.
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Diario Libre
19 April 2017
