Credit cards' delinquency and net charge-off rates, on average, both declined in May, jibing with the seasonal trend of May being one of the best months for credit performance. "All issuers are ...

A charge-off is a debt that has gone unpaid for a sufficient amount of time and is deemed uncollectible by the creditor. Charge-offs do not erase your debt, and you are still responsible for paying it ...

Bread Financial Holdings (NYSE:BFH) credit card net charge-off rate declined, while its delinquency rate remained stable in August, the company disclosed in a filing on Monday. The net charge-off rate ...

Credit card debt can feel overwhelming when bills start piling up. Maybe you’ve lost your job, faced unexpected medical ...

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Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

Credit card balances are climbing at a pace that is starting to look less like a blip and more like a structural shift in how ...

For the 10th consecutive quarter, charge-offs for credit cards at JPMorgan Chase (NYSE: JPM) rose, indicating that increasing numbers of people are struggling to keep up with their growing debt. In ...

NEW YORK, Aug 17 (Reuters) - Capital One Financial Corp's U.S. credit-card defaults and delinquencies rose in July, sending shares down 4.7 percent in premarket trading, as more Americans lost jobs ...

CHARLOTTE, N.C., Nov 5 (Reuters) - Bank of America Corp's credit card loss rate may have peaked in the third quarter, but it will remain elevated for a "substantial number of quarters," the bank's ...

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