A widely followed indicator of consumer loan delinquencies has dropped to its lowest level in nine years, but the parallel trend in credit cards may be leveling off.

The American Bankers Association's composite index of consumer credit showed 1.95% of loans were 30 days or more past due at the end of September.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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