US DATA: (repeat) – Consumer delinquencies fell in 10 of 11
categories tracked by the American Bankers Association, which today
released results from the first quarter 2012 Consumer Credit Delinquency
Bulletin. The composite ratio, which tracks delinquencies in eight
closed-end installment loan categories, fell 14 basis points to 2.35
percent of all accounts in the first quarter, the best quarter since
2007 and below the 15-year average of 2.40 percent. Bank card
delinquencies also continued their descent, falling nine basis points to
3.08 percent of all accounts in the first quarter, the lowest since 2001
and below the 15-year average of 3.93 percent.
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