Credit card delinquencies declined slightly in the fourth quarter to their lowest point in nearly two years, according to the American Bankers Association's quarterly survey of late payments on consumer loans.

The survey, which is viewed as a barometer of consumer credit quality, also found that 2.27% of all accounts - a composite measure of eight types of closed-end loans, excluding credit cards - were 30 days or more past due. That was up from 2.14% the quarter before but down from 2.35% a year earlier.

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