What is it?
This is the measure of delinquent loans and leases that are past thirty days due or more. It includes those that are still accruing interest and in nonaccrual status. This is calculated on a quarterly basis.
Who is interested?
Economists, analysts, retailers, investors, policymakers
What does it tell me?
Credit card delinquency rates give insight into the financial health of U.S. consumers. Increased rates can be telling of instability in the current economic environment.