Credit reporting firm TransUnion reported Aug. 13 that the ratioof credit card accounts that are more than 90 days past due droppedto 0.57% in the second quarter of 2013, down from 0.63% in thesecond quarter of 2012. That 0.57% is only one basis point from theall-time low of 0.56% set in 1994.

TransUnion also said credit card debt per borrower dropped yearover year, but only slightly, from $4,971 per cardholder in thesecond quarter of 2012 to $4,965 in the second quarter of 2013.

“Despite recent improvements in the employment situation,consumers continue to value their credit card relationships as aprimary means of liquidity. This is best demonstrated by thehistorically low credit card delinquency rates we observe today,”said Ezra Becker, vice president of research andconsulting in TransUnion's financial services business unit.“Credit card debt also remains relatively low, and while we didobserve a quarterly rise in debt, we would need to see a few morequarters of increases to describe it as a significant trend.”

Becker added that the data supports that consumers will continueto prioritize their credit card relationships and delinquenciesshould remain low into the near future.