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Delinquencies

Credit Card Delinquencies Fall

Credit card delinquencies declined in April for the fourth straight month, indicating that consumers are gaining traction.  Diminishing delinquency and  default rates could eventually lead lenders to reduce strict lending standards; following significant tightening subsequent to the subprime crisis.  On this  note, more lenient lending standards could have wider implications for the U.S. economy, which […]