Bank of America's (NYSE:BAC) credit card metrics were mixed in November, with net charge-offs rising and delinquencies roughly stable, the bank disclosed in a regulatory filing on Monday.

The term “charge-off” can be one of those somewhat baffling terms. In this guide, we’ll discuss what credit card charge-offs are and what they mean for your credit reports and scores.

Credit card companies charge interest if a ... miss a payment date or cannot pay off a credit card in full because of financial hardship, reach out to your bank directly. Especially if you have ...

Credit card delinquency rates, on average, declined during November, while net charge-offs decidedly increased, according to data compiled from eight large credit card lenders. The average ...

In a recent SEC filing, Citigroup Inc.’s C subsidiary, Citibank N.A., disclosed a rise in its credit card trust delinquency and net charge-off rates for November 2024 compared with October 2024.