Credit Card Delinquencies Drop To Record Low

25 Jan 2013

The U.S. credit-card delinquency rate fell nine basis points in December to a record low 2.28%, according to Moody’s Investors Service Credit Card Indices.

The U.S. credit-card delinquency rate fell nine basis points in December to a record low 2.28%, according to Moody’s Investors Service Credit Card Indices. Moody’s also reported that early-stage delinquencies slipped to a record low 0.63%, having declined six bps.

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