Credit card delinquencies creep up, net charge-offs slide in October: Credit Pulse

Credit card delinquencies creep up, net charge-offs slide in October: Credit Pulse

Luis Alvarez U.S. bank card delinquencies continued to edge up in October, whereas the speed of uncollectible debt written off by lenders continued to retreat, in keeping with a compilation of knowledge from firm disclosures. Each metrics remained elevated relative to pre-pandemic ranges.