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
