In April, both U.S. delinquencies and net charge-offs continued their downward trend, although they persist at levels higher than those seen before the pandemic. The average delinquency rate declined to 2.82%, down from 2.94% in March and 2.95% in the same month of the previous year, as reported by Seeking Alpha’s analysis of credit card metrics.
Delinquency, Net Charge-Off Rates Decline Further in April: Credit Pulse (BFH:NYSE)
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