Reports from credit-card issuers indicate worst may be over

02/17/2010 | Financial Times (tiered subscription model)

Capital One, Bank of America and Discover generally beat analysts' expectations regarding charge-off and delinquency rates for January. "It [seems] delinquencies are stabilizing," said Bruce Harting, an analyst at Barclays Capital. Harting postulates that charge-offs and delinquencies will peak in the current quarter.

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