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Credit card delinquencies creep up, net charge-offs slide in October: Credit Pulse

seekingalpha
2024-11-17

Luis Alvarez

U.S. credit card delinquencies continued to edge up in October, while the rate of uncollectible debt written off by lenders continued to retreat, according to a compilation of data from company disclosures. Both metrics remained elevated relative to pre-pandemic levels.

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