The 90-day delinquency rate fell slightly to 0.97 percent in the April-June quarter, according to a recent report by credit agency TransUnion. That's down from 1.08 percent in the year-earlier period and 1.11 percent in the first three months of the year.
By comparison, the rate of U.S. credit card payments at least 90 days overdue fell to 1.16 percent from 1.27 percent in the year-ago period and 1.37 percent in the first quarter.
"Fewer people are struggling with unemployment. That gives people confidence, the means ... to pay their debt," said
The average debt per
Nationally, average card debt per borrower was up slightly in the second quarter, rising about 0.2 percent to
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