Consumer loan delinquencies hit a four-year low in the second quarter, according to the American Bankers Association.

In its quarterly survey, regarded as a benchmark of consumer credit quality, the association found that 3.33% of credit card accounts were at least 30 days delinquent on June 30, down from 3.58% three months earlier.

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.