U.S. consumers defaulted on store-branded credit cards at near-record levels during the holiday season, and the trend is likely to continue this year, according to Fitch Inc.

During the November collection period, about $1 of every $8 of receivables was written off as uncollectible, according to Fitch's December Retail Credit Card Index, released Thursday. The credit rater expects retail card chargeoffs to remain high through the first half of this year.

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