Big 6 Credit Card Issuers Delinquency

Top Credit Card Issuers Face Acclivity in Early Stage Delinquency for 2019-2020

Early stage delinquency (30+ days) among the nation’s Big 6 issuers inched up by nine basis points (bps) sequentially in the fourth quarter (4Q/18) to 2.08%, and up by seven bps year-on-year (YOY). According to CardData, the average U.S. 30+ day delinquency rate among the Big issuers (Chase [JPM], Capital One [COF], Bank of America…