Card delinquencies edge up, net charge-offs slide: July Credit Pulse

4 hours ago 1
Wireless payment in cafe.

Tara Moore

U.S. credit card metrics were mixed in July, with delinquencies rising and net charge-offs falling.

The average delinquency rate advanced to 2.66% in July from 2.63% in June, but slid from 2.87% a year earlier and 2.68% in July 2019, before the pandemic hit, according to Seeking

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