Chase Cardholders Carry Higher Balances, Keep Paying Their Debts

Dow Jones
3 hours ago

Chase cardholders are carrying higher balances. They're still paying on time.

Average debt in JPMorgan Chase's consumer card business was up about 7% in the third quarter from a year ago. Meanwhile, delinquency rates were down, and the net charge-off rate fell by nearly one quarter of a percentage point from last year, to 2.91%.

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