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Capital One Financial Reports Credit Card Delinquency and Net Charge-Off Rates for November
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Capital One Financial Reports Credit Card Delinquency and Net Charge-Off Rates for November
Dec 16, 2024 5:43 AM

08:24 AM EST, 12/16/2024 (MT Newswires) -- Capital One Financial ( COF ) in a regulatory filing said Monday its credit card delinquency rate stood 4.57% in November, while its net charge-off rate was 6.08%.

Capital One Financial ( COF ) said it had $152.1 billion credit card loans outstanding at Nov. 30.

By comparison, Capital One Financial ( COF ) reported a credit card delinquency rate of 4.61% and the net charge-off rate of 5.82% in October, while credit card loans amounted to $150.6 billion.

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