Proprietary Report with Analysis on Top 4 U.S. Credit Card 90+ Day Delinquency.
The average late stage U.S. credit card delinquency (90+ day) among the nation’s top four issuers edged down 1 basis points (bps) sequentially, but up 14 bps year-on-year (YOY) for the first quarter (1Q/17). Early stage delinquency, the precursor of 90+ day delinquency, among the peer group, rose in 1Q/17.
For the Top 4 U.S. issuers, average 90+ day delinquency computes to 1.20% for the first . . . .