- Discovery Financial (DFS +0.2%) reports a credit card writeoff rate of 2.2% for January which is an unchanged level from the last two months.
- The rate had dipped below 2% in October.
- The company reports the rate of delinquencies rose to 1.8% during January to mark the highest level since last March.
- SEC Form 8-K
Discovery Financial releases credit card data
Feb 18 2014, 10:38 ET