Description
The United States All Commercial Banks Delinquency Rate - Credit Card Loans is released by the Federal Reserve System (Fed) and measures the proportion of credit card loans held by U.S. commercial banks that are delinquent. Credit card loans refer to the debt incurred by individuals through credit card purchases or cash advances, which has not been fully repaid by the due date.
An increase in the delinquency rate may indicate growing financial stress among consumers, resulting in their inability to make timely credit card payments. Conversely, a decline in the delinquency rate typically suggests stronger repayment capacity and stable personal financial conditions.
This data is released quarterly, providing insights into changes in the delinquency rate from the previous quarter.