U.S. Credit Card Spending Growth Accelerates
Credit card spending in the U.S. grew again in June by 10.7%, the fastest growth rate in more than a year, but delinquencies and charge-offs are down....
Tag: credit card delinquencies
U.S. Credit Card Debt Up at Fastest Clip in 3 Years
The aggregate volume of U.S. consumer credit card debt in May rose by 5.1%, the fastest clip since June 2008, or $3.3B, lifting the total to $793.1B....
Credit Card Delinquencies Rise Slightly, Still at Historic Low
The aggregate delinquency rate on U.S. consumer loans rose slightly to 3.4% in Q1 2011, but is still well below the average of the past 15 years....
U.S. Credit Card Charge-offs, Delinquencies Fall Again
Americans continued paying their credit card balances on time in May; the charge-off rate is now at its lowest level since February 2009....
Americans Spend More on Credit Cards, Pay on Time
Credit card spending in the U.S. grew in May, albeit more slowly than in previous periods, while both charge-offs and delinquencies fell again....