Economy Boost Indicated in Credit Card Delinquency Report

Credit card companies had an increase in the percent of charge-offs that they wrote in January, rising to 11.5 percent, but number of delinquencies that are one to three months behind declined to 5.96 percent.
The figures, reported by Moody’s Credit Card Indices, mark the third month of decline in early stage delinquencies, indicating possible improvement [...]