- New retail credit card credit limits reached $25.1 billion for January - May 2012, which is an increase of more than 16 percent from the same time a year ago.
- Retail card balances are up $2.6 billion from same time a year ago, reaching $51.5 billion in July 2012
- Delinquency rates among retail cards in July 2012 saw nearly a 15 percent decrease from the same time a year ago.
- Retail card credit limits increased 10 percent from June 2012 ( $290 billion) to July 2012 ( $320 billion)
- Write off dollar rates have declined to 8 percent for the first time since December 2007, a 56-month low. Write off dollar rates surpassed 14 percent during the recession.
Current Retail Credit Card Accounts Stand At A 31-Month High
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