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Delinquencies move in the right direction as balances increase

According to a recent Experian analysis, bankcard balances increased 6% year over year to $629 billion in Q1 2015, while delinquencies remained low with 60–89 day-past-due delinquencies declining 8%.

As consumer behavior continues to improve, lenders should stay abreast of the latest credit trends in order to adjust lending strategies and capitalize on areas of opportunity.

>> Discover key steps to developing a profitable bankcard campaign