Credit Card Loan Growth

Credit Card Loans Growth Driven Solely by Fast Growing Capital One

Credit card loans (outstandings) end-of-period (EOP) in the U.S., among the Top 4 U.S. issuers, gained 3.8% in the third quarter (3Q/18) year-on-year (YOY), posting $430.1 billion. The YOY growth rate is down 50 basis points (bps), compared to the prior quarter, according to CardData. The gain was largely driven by Capital One, the nation’s second…