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Graph and download economic data for Delinquency Rate on Credit Card Loans, All Commercial Banks (DRCCLACBS) from Q1 1991 to Q2 2024 about credit cards, delinquencies, commercial, loans, banks, depository institutions, rate, and USA.
Graph and download economic data for Delinquency Rate on Credit Card Loans, Banks Not Among the 100 Largest in Size by Assets (DRCCLOBS) from Q1 1991 to Q2 2024 about credit cards, delinquencies, assets, loans, banks, depository institutions, rate, and USA.
This graphic shows credit card delinquency rates across 50 U.S. states, as of Q3 2023. This data comes from a WalletHub study published in January 2024. Which States Have the Lowest and Highest Delinquency Rates? Credit card delinquency is when a cardholder falls behind on required monthly payments.
Credit Card Delinquency and Charge-Off Rates (Q2 2024): Delinquency Rate: 3.04%; Charge-Off Rate: 4.73%
Annualized, approximately 8.5% of credit card balances and 7.7% of auto loans transitioned into delinquency. Delinquency transition rates for mortgages increased by 0.2 percentage points yet remain low by historic standards.
According to a recent survey from the Federal Reserve Bank of Philadelphia, credit card delinquency rates have increased to above pre-pandemic levels. When people fail to repay their...
Americans' credit card debt and delinquencies grew between Q3 2016 and Q1 2020 following a steep decline in the years immediately after the financial crisis. Delinquency rates peaked in...
We define credit card delinquency as an account that is 60 days or more past due, excluding severe derogatory debt (more than 120 days past due). The figure below depicts the percentage of people among all U.S. adults (not just credit card holders) who are late on payments by age group.
How Different Levels of Delinquency Affect Your Credit. Credit card delinquency is measured in terms of how many days late your payment becomes. This dictates when credit card companies will report you as being late to the credit bureaus as well as how much credit score damage you incur.
To put this in perspective, the credit card delinquency rate was just 1.54% in the third quarter of 2021 — the lowest since the Federal Reserve began tracking this data in 1991. However, by the ...