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Archive Home > 2010 > May > 30 > Consumers lower delinquency rates

Consumers lower delinquency rates


May 30, 2010

WASHINGTON — Consumer delinquency rates are dropping at U.S. retailers and banks such as American Express and Bank of America, signaling an incipient lending thaw that may spur economic growth.

Past-due loans at Bank of America, the second-largest card lender, fell for a fifth month in April and....

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