Sentences with phrase «credit card delinquency rates»

The serious credit card delinquency rate is expected to remain at around 1.5 %, the year - end levels observed for the last four years.

TransUnion (NYSE: TRU), one of the three major U.S. credit bureaus, also recently put out their projections for credit card delinquency rates in 2017.

Increasing employment, increasing median home values, stable levels of consumer debt, historically low credit card delinquency rates, and the second - lowest metro area unemployment rate in Kentucky in January 2018 spells steady growth for this metro area.

• Credit card delinquency rates remain low, at only 0.87 per cent of total outstanding balances as of April 2016, while credit card debt only makes up five per cent of total household debt in Canada.

Overall, seasonally - adjusted credit card delinquency rates for U.S. banks rose to 2.47 percent in the second quarter from 2.20 percent a year earlier, according to New York Fed data.

Student loan delinquency rates overtook credit card delinquency rates in 2012 and they remain approximately 3 % higher.

The state also has the second - highest credit card delinquency rate, with 1.45 percent of Florida cardholders being more than 90 days delinquent on one or more cards.

The national credit card delinquency rate in the fourth quarter of 2010 was down nearly 32 percent from a year earlier, according to TransUnion.

The oil price rout has already tested these conditions in Alberta and Newfoundland where credit card delinquency rates are already rising.

Credit card delinquency rates reached an all - time low for the third straight month in August and the charge - off rate index is now more than 400 basis points lower than its level a year ago.

• Credit card delinquency rates remain low, at only 0.87 per cent of total outstanding balances as of April 2016, while credit card debt only makes up five per cent of total household debt in Canada.

This is best demonstrated by the historically low credit card delinquency rates we see today,» said TransUnion's Ezra Becker in a statement accompanying the report.

Investors have given some blame to the rise in credit card delinquency rates, the fall in loan demand, as well as the ever - flattening yield curve.

Prior to the Great Recession, credit card delinquency rates were consistently higher than any other form of debt delinquency.

The credit card delinquency rate measures the ratio of borrowers 90 or more days delinquent on one or more of their bank - issued credit cards.

Some of the country's largest credit card issuers are suffering from large quarterly losses and are watching their credit card delinquency rates rise to historic levels.

The same study also reported the credit card delinquency rate was higher than the mortgage delinquency rate in December 2013 as well — indicating to analysts that consumers» payment habits are finally starting to shift for the first time in nearly five years.

According to the report, the credit card delinquency rate fell, year over year, from 1.27 percent of all accounts in the second quarter of 2013 to 1.16 percent of all accounts in the second quarter of 2014.