Credit card delinquency rate falls in March | BankCreditNews.com

Credit card losses will plateau in the near term before trending higher later this year,” Fitch Ratings Managing Director Michael Dean said, according to The Wall Street Journal.

Bank of America, JPMorgan Chase, Capital One, American Express and Citigroup all reported decreased delinquency rates for March, though Discover’s delinquency rate remained unchanged, Investors.com reports.

via Credit card delinquency rate falls in March | BankCreditNews.com.

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