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American Express July consumer credit-card delinquency rate flat vs June

Aug. 15, 2018 1:41 PM ETAmerican Express Company (AXP) StockAXPBy: Liz Kiesche, SA News Editor
  • American Express (AXP -1%) reports July U.S. consumer credit-card delinquency rate of 1.3%, unchanged from June and May; net write-off rate is 2.2% vs. 2.0% in June.
  • July U.S. small business credit-card  delinquency rate is 1.1%, down from 1.2% in both June and May; net write-off rate 2.0% vs. 1.6% in June.
  • Previously: Capital One July credit-card, auto loan delinquency rate rises from June (Aug. 15)

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