US Credit-Card Delinquency Rates

US credit-card delinquency rates hit record high in the fourth quarter, with almost 3.5% of card balances at least 30 days past due. The share of debts that are 60 and 90 days late also increased. Many consumers are stretching credit lines further amid added pressure on household finances. Credit scores for some cardholders have decreased, indicating potential performance deterioration.