Average debt in JPMorgan Chase's consumer card business rose about 7% in Q3 from a year ago. Delinquency rates fell and the net charge-off rate dropped to 2.91%, down nearly a quarter percentage point. Consumers are carrying more debt but still paying on time.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.
