Early Stage Credit Card Delinquency

Early Stage Delinquency Rises Among Top 4 Credit Card Issuers

Early stage delinquency (30+ days) for the third quarter (3Q/18), among the nation’s Top 4 issuers, increased 19 basis points (bps) sequentially, and declined year-on-year (YOY) by 1 bps. According to CardData, the average rate among the top four issuers (Chase, Capital One, Bank of America, Citibank) was 2.26% for 3Q/18, compared to 2.07% for…