Tag Archives: charge-offs

Credit card charge-offs remain relatively low

While credit card charge-offs have gone up in the thrift industry, the increase is nowhere near the rate of increase from other types of loans.
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Capital One charge-offs up, delinquencies down

Jeremy Simon

Credit card issuer Capital One says that charge-offs in its U.S. card business rose in April, while delinquencies fell.
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American Express says Q1 profit fell

Jeremy Simon

American Express says its first-quarter profit was hurt by increasing loan-loss provisions and delinquencies, signaling that the economic slowdown is catching up with even AmEx’s more affluent cardholder clientele.
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Cap One loans increasingly soured in March

Jeremy Simon

Capital One said that more of its managed loans went sour in March 2008, according to an 8-K filing with the Securities and Exchange Commission.
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