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Alliance Data June delinquency, charge-off rates slip

Jul. 23, 2020 8:25 AM ETBread Financial Holdings, Inc. (BFH) StockBFHBy: Liz Kiesche, SA News Editor
  • Alliance Data Systems (NYSE:ADS) card services June delinquency rate of 4.3% slips from 4.8% in May; brings three-month average to 4.9%.
  • Net charge-off rate of 7.4% compares with 8.0% in May; three-month average is 7.6%.
  • Note: Generally, customers in forbearance plans who are late on payments aren't included in delinquency numbers.
  • Previously: Alliance Data May net-charge off rate climbs (June 15)

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