Bank of America's (NYSE:BAC) credit card net charge-off rate rose sequentially in August, while its delinquency rate inched down, as lending activity pulled back modestly, the bank disclosed on Monday ...
December's credit card data were mixed, featuring a reduction in late payments alongside an increase in banks writing off debt as unrecoverable losses. The average delinquency rate of 2.90% slipped ...
The average VantageScore is 700, slightly lower than a month before. There are now fewer consumers in the prime tier, while the subprime and nearprime tiers increased. Delinquencies rose across all ...
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