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

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

by Deidre Salcido
0 comments
Image 88621207.jpg

Adam Gault

December’s credit card data were mixed, featuring a reduction in late payments alongside an increase in banks writing off debt as unrecoverable losses.

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

You may also like

Leave a Comment

About Us

Welcome to AI Investor Picks, your trusted source for investment insights, financial strategies, and business opportunities. We are dedicated to providing cutting-edge information and analysis on a wide range of investment topics, including stockscryptocurrencyreal estate, finance, and much more.

© 2025 AI Investor Picks – All Rights Reserved

AI Investor Picks