Credit card delinquencies and chargeoffs may be on the decline, but there will be limits, said Shailesh J. Mehta, chairman, president, and chief executive officer of Providian Financial Corp.

Mr. Mehta, one of the credit industry's pioneering mathematical and data-mining analysts, who traces his card lending experience back to 1975, said he does not see these measures of credit quality ever returning to where they were three years ago.

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.