Credit card delinquencies of 60 days or more are expected to have fallen to a new all-time low for the March 2013, reports BankCreditNews.com.
According to a Fitch Ratings report, the 60+ Day Delinquency Index for March should fall below 1.60 percent. Bank of America, JPMorgan Chase, Capital One, American Express and Citigroup all reported decreased delinquency rates in March, while Discover’s rate remained stagnant.
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