Capital One Financial Corporation announced Monday that for the month of April they have finally written off credit card debt the company couldn’t collect at the lowest rate since nearly 2007. Capital One credit card charge-offs after being late 6-months fell to nearly $224 million dollars or 4.97%. This is good news as the month [...]
Customers who deal with Capital One Financial Corporation are improving their habits with credit card payments according to company figures. March saw late payments and credit card defaults fall to a record low that the bank hasn’t seen in over two years. The annualized rate of U.S. credit card payments in March that were late [...]
Tags: Capital One, Credit Cards