American Express posts June consumer net write-off rates of 1.4% and small business 2.3%
American Express reported June net write-off rates of 1.4% for U.S. consumer card portfolios and 2.3% for U.S. small business card portfolios. Key figures include total U.S. consumer card balances of $113.8 billion with 1.1% 30-day delinquencies and U.S. small business balances of $45.9 …
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