U.S. delinquencies and net charge-offs extended their decline in April, though both remain comfortably above their pre-pandemic levels. The average delinquency rate retreated to 2.82% from 2.94% in ...

U.S. credit card delinquencies and net charge-offs pulled back further in May, although pre-pandemic comparisons were mixed. The average delinquency rate dropped to 2.33% from 2.82% in April and 2.89% ...

CEO Douglas H. Shulman highlighted a strong second quarter, stating the company demonstrated its "expertise in credit management and best-in-class ability to serve the non-prime consumer." Shulman ...