U.S. Credit Card Charge-offs, Delinquencies, Payment Rate All Set New Records
The credit card charge-off rate fell to 4.9% in May; the delinquency rate dropped to an all-time low of 2.47%; the MPR rose to 22.47% -- a record-high....
Tag: credit card delinquencies
Citigroup Pushes U.S. Credit Card Charge-offs up, Delinquencies Keep Falling
A big increase in Citi pushed the U.S. charge-off rate up to 5.21% in April; the credit card delinquency rate dropped to 2.59% -- the lowest ever....
Americans Get More Credit Cards, Keep Paying on Time
The U.S. credit card delinquency rate in Q1 2012 fell to 0.73%, credit card debt is also down and Americans are getting more new credit card accounts....
U.S. Credit Card Delinquencies, Charge-offs Fall to New Record-Lows
The U.S. charge-off rate fell to 4.94% in March, the lowest level in 5 years; the credit card delinquency rate dropped to 2.73% - the lowest ever....
U.S. Credit Card Delinquencies Fall to Lowest Level Ever
The U.S. charge-off rate fell to 4.97% in February, the lowest level in 4 years; the credit card delinquency rate dropped to 2.86% -- the lowest ever....