As concerns about consumer debt and consumer debt delinquency are rising — and as the instances of both are also on the increase — Discover Inc. had some good news to add into the mix. Charge-off rates seem to have dipped slightly in recent weeks....
July 15, 2019
Card delinquencies have remained steady at Bank of America, which reported June credit card delinquencies of 1.56 percent. The figure registered at the same rate as the prior month, SeekingAlpha reported. Net charge-off rate, by comparison, dropped slightly: In June, it registered at 2.71 percent compared to 2.83 percent in May. At the same time, […]
August 16, 2017
As concerns about consumer debt and consumer debt delinquency are rising — and as the instances of both are also on the increase — Discover Inc. had some good news...
