Both American Express and Bank of America saw credit card delinquencies climb last month. According to a recent Securities and Exchange Commission filing, American Express’ delinquency rate rose from 1.3%...
The delinquency rate in Capital One’s domestic card business continued to rise in the third quarter and has returned to its pre-pandemic level. The 30-day performing...
Bread Financial Holdings reported that its credit card net loss rate in September was slightly lower than it was a year ago while its delinquency...
Your card bill might read “2023,” but for credit card delinquency rates, it’s 2019. As Seeking Alpha noted in a report Monday (June 19), those rates now...
For U.S. consumers, the juggling act of which bills to pay — and when — is real. To that end, the loan data from bank...
The two largest banks in the U.S. have reported rising delinquency rates on their credit cards. Both Bank of America and JPMorgan Chase said in...
Discover Financial’s credit card delinquency rate has been rising each month since May 2022. The firm said in a Monday (Feb. 13) filing with the...
Synchrony Financial on Monday (Sept. 12) reported a rate of credit card delinquencies as a percentage of receivables of 3.1% for August, the highest level...
American Express has reported that its American consumer card delinquency rate was 1.4 percent for June, the same number it was in May, according to...