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STEADY OUTLOOK: "We expect delinquency rates to fluctuate at this lower end of the range for the foreseeable future," says James Chessen, the chief economist of the American Bankers Association.

Consumer Delinquency Rates Keep Bouncing Along the Bottom

The percentage of U.S. consumers who are late on their loan payments remained at near-record lows in the first quarter, though a key figure rose slightly from the fourth quarter. Meanwhile, payments on home equity lines fell to their lowest level in five years, according to a new ABA report.

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