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What the Big Banks' Third-Quarter Reports Say About Credit Card Borrowers

When you dig into the quarterly numbers, it looks like consumers are handling their debt well.

  • Citigroup and JPMorgan Chase reported lower delinquency rates in Q3 compared to last year.
  • Bank of America showed reductions in both 30-day and 90-day delinquency rates year-over-year.
  • Capital One had a slightly higher 30-day delinquency rate but remained lower than the previous year.

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