U.S. credit card performance measures diverged a bit again in September, with chargeoff rates falling for the second time in three months while delinquencies kept rising, according to Fitch Inc.

"U.S. consumer credit-quality measures remain pressured, and chargeoffs will stay high until we see some improvement in employment conditions and in delinquency trends," said Michael Dean, a managing director at the rating agency.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.