Credit card lenders wrote off $46B in seriously delinquent loan balances in the first three quarters of 2024, a 50% jump from the same period a year ago, according to a media report citing data from ...
U.S. credit card delinquencies and net charge-offs rebounded last month after May's pullback, with both metrics exceeding above prepandemic levels. The average delinquency rate accelerated to 2.79% in ...
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