Card novels 05-28-2003 Credit Car...

Card novels

05-28-2003

Credit Card Write-Offs Continued To Rise In First Quarter, Moody's Says

ISSN: 08940797
Publication Date: 05-28-2003
Page: 1
Type: Periodical
Language: English

Write-offs of credit card obligation rose in the first quarter of this year to their highest point since the third quarter of 1997 according to data released May 20 from Moody's Credit Card Indexes. Moody's, which analyzes credit runs in the securitized pools of credit card loans, also construct that more cardholders were late in making their payments in the first quarter of this year as compared with the same period in

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