Securitized credit card charge-offs in July rose from the previous month, but the jump was due to one-time factors, according to Moody's Investor Service.

Bank of America Corp. stopped selling credit card customers add-on products that halt borrowers' minimum monthly payments in case of a job loss or other hardship.

Target Corp., which earlier this year took its credit card portfolio off the market because of a lack of suitable offers, appears to be getting closer to securing a deal.

Capital One Financial Corp. reported Wednesday that delinquencies and chargeoffs at its U.S. credit card business fell in July from the month earlier.

The national credit card delinquency rate dropped to 0.63% in the second quarter ended June 30 from 0.73% the previous quarter, according to TransUnion.

Overall consumer borrowing rose in June as a result of increases in auto and student loans. At the same time, consumers cut back on credit card use.

Credit card portfolio sales this year have snapped back to a pace last seen before the recession took hold. Their prices are also rising.

KeyBank has become the latest regional bank to bring its credit cards back in house.

JPMorgan Chase & Co. agreed to pay $100 million to settle credit-card holder claims that the bank increased their required minimum payments after promising a fixed interest rate.

Higher cardmember spending and a rise in net interest income, driven primarily by the growth in card loans, helped boost second quarter revenues for the U.S. Card Services unit at American Express Co., the card brand announced July 18.

The Consumer Financial Protection Bureau issued its first enforcement action Wednesday, ordering Capital One Bank N.A. to pay $165 million for what the agency described as deceptive marketing tactics related to various credit card products.

Alliance Data Systems Corp. reported delinquencies and chargeoffs fell in June from a year earlier for the private-label cards it manages.

Overall consumer borrowing rose by $17.1 billion in May from April, the Federal Reserve reported Monday.

Private-label credit card portfolios haven't looked so healthy in years, at least in terms of credit quality. That could help whet the appetite of anyone shopping for a private-label credit card portfolio, analysts say.

Positive credit card charge-off trends resumed during May as the average charge-off rate for credit card receivables in securitized trusts fell, reaching its lowest point since October 2007, Moody's Investors Service Inc. reports.

American Express Co. posted declines in credit card defaults and late payments for May.

WASHINGTON — The Consumer Financial Protection Bureau will begin publishing credit card complaints Tuesday in a searchable database, allowing the public for the first time to scrutinize the way individual banks handle complaints.

Credit card offers mailed to consumers tapered off sharply in recent months after a resurgence in the wake of the recession, indicating a shift in large-issuer strategies.

Subprime credit card borrowers are on the move again, opening significantly more new accounts than they did during the recession as lenders ease up on their ultra-tight underwriting standards.

How long can a good thing last? Write-offs of credit card loans already have plunged below levels issuers consider sustainable. Continued improvement in delinquencies points to a further dip in loss rates in the months ahead.