The American Bankers Association reports that overall credit card delinquency fell in the last quarter of 2012 to its lowest level since 1994.
Bank card delinquencies fell from 2.75% to 2.47% the banking association reported. ABA considers accounts delinquent when they are more than 30 days past a payment date.
The 15-year average for card delinquency is 3.87%, the trade group said.
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