Credit card chargeoffs rose in the second quarter, according to Standard & Poor's Corp.'s analysis of accounts in securitized portfolios.

But behind the darkening cloud is a ray of sunshine: a decline in delinquency rates, a leading indicator of chargeoffs, at many card issuers.

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.