November 17, 2009 at 17:07 PM EST
(AXP) Mixed News for Credit Card Issuers
U.S. credit card issuers have reported a drop in the default rate for October, though delinquencies are rising as a result of continuing stress on consumers. While a decrease in the default rate reflects a decline in late payments in the first half of the year, the increase in delinquencies is bad news for the [...] (AXP) Mixed News for Credit Card Issuers
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