Oct 23
While the media is telling be may be seeing some signs of improvement in the economy, credit card companies are certainly not getting any benefit from the improvement. September delinquency rates increased at five of the six top credit card companies when compared to August rates, according the LowCards.com CEO Bill Hardekopf. Bank of America has the highest annualized card write-offs (14.25% in September) Capital One wrote off more in September than it did in August. Capital one wrote off 9
