First-Quarter 90+ Card Delinquency

First-Quarter 90+ Card Delinquency Hits 1.29% – 5 Yr High

First-quarter 90+ card delinquency remains at 1.29%, a five-year high among the Top 4 U.S. credit card issuers. The average late stage card delinquency ratio was flat sequentially, and up seven basis points (bps) year-on-year (YOY) for the first-quarter (1Q/19). Meanwhile, early stage credit card delinquency (30+ days) for 1Q/19, among the nation’s Top 4…