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

seekingalpha
17 Nov 2024

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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