U.S. Credit Card Defaults Fall to Lowest Level in 4 Years
The U.S. charge-off rate fell to 4.98% in January, the lowest level since November 2007; the credit card delinquency rate rose slightly to 2.93%....
Tag: credit card statistics
Who Loses from Credit Card Fraud?
US card issuers absorb 59% of bank card fraud losses, 41% belong to the merchants. The fraud rate will decline when we switch to EMV cards next year....
How the Acceptance of U.S. Credit Cards in Europe Will Reduce Fraud Losses
The planned adoption of chip-and-PIN cards in the U.S. next year will reduce fraud and will also cure our headaches at European credit card checkouts....
U.S. Credit Card Debt on the Rise Again, up for 4th Straight Month
The aggregate volume of U.S. consumer credit card debt rose by 4.1%, or $2.8 billion, in December, its fourth consecutive monthly increase....
The Month in Numbers – January 2012
Infographics dominate the January 2012 edition of our new rubric -- The Month in Numbers. Their creators have really put their imagination to work....