Credit card delinquencies slip, charge-offs accelerate in December (AXP:NYSE)

MT HANNACH
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Close -up of the credit card stack

Adam Gault

The data from the December credit card has been mixed, with a reduction in late payments in parallel with an increase in banks, the creation of debt as unwilling losses.

The average delinquency rate of 2.90% increased from 3.00% the previous month and from 3.01% in December 2023, according to data

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