TransUnion: Credit card usage, delinquency rates rise in Q1 2018

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CREDIT CARD USE and serious delinquencies both rose in the first quarter of 2018 compared with Q1 2017, according to TransUnion's Q1 2018 Industry Insights Report. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS
CREDIT CARD USE and serious delinquencies both rose in the first quarter of 2018 compared with Q1 2017, according to TransUnion's Q1 2018 Industry Insights Report. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS
PROVIDENCE – Credit card use and serious delinquencies both rose in the first quarter of 2018 compared with Q1 2017, but experts said delinquencies are not very worrisome because issuers are steering away from high-risk customers. The statistics were reported in TransUnion’s Q1 2018 Industry Insights Report. Paul Siegfried, senior vice president at TransUnion, said…

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