American Express USCS Card Member Loans 30 Days Past Due Loans As A % Of Total 1.1 % At July End, Card Member Loans Net Write-Off Rate-Principal Only 1.7% At July End; U.S. Small Business Card Member Loans 30 Days Past Due Loans As A% Of Total 1.3% At July End, Card Member Loans Net Write-Off Rate-Principal Only 2.6% At July End
- SEC Filing
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Why It Matters
American Express shared numbers about customers who are late paying their card bills. When more people fall behind on payments, it can signal that customers are struggling, so it's worth watching if these numbers get worse or better over time.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.