Advanta Corp., the small-business credit card lender that has filed for bankruptcy, said in a regulatory filing Monday that defaults fell to 34.36% in November, from 34.99% the previous month.

Loans at least 30 days overdue, which signal future losses, fell to 10.94% on an annual basis, from 11.67% in October, the Spring House, Pa., company said.

Advanta, which cut off almost 1 million accounts as writeoffs soared, filed for bankruptcy on Nov. 8.

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