WASHINGTON – Credit card delinquencies remain high even as the overall economy shows signs of recovery, according to cardweb.com, a credit card information-tracking site on the World Wide Web. Card delinquency in March was the highest in five years and is still running at levels not seen since the economic decline in the early 1990′s, the site reported. Citing Wall Street analysts, the site reported that the amount of credit card debt more than 30 days past due stands at 5.54%, compared to 4.93% this time last year. Preliminary data suggests that April's figure may reach 5.58%. Likewise charge-offs are running at 10-year highs, hitting 6.59% in March and perhaps reaching 6.63% in April.
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