First-Quarter Card Delinquency

First-Quarter Card Delinquency Among Top 4 Issuers on Upward Trajectory

First-Quarter card delinquency among the nation’s top issuers dipped slightly from the prior quarter, due to the seasonality and increased repayments of post-holiday portfolio outstandings. However, over the past five years, the first-quarter delinquency ratio has been on an upward trend, rising 40 basis points (40 bps) from the first-quarter of 2015. Second-Quarter Card Delinquency…