Capital One Financial Reports Credit Card Delinquency and Net Charge-Off Rates for November

MT Newswires Live
16 Dec 2024

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 said it had $152.1 billion credit card loans outstanding at Nov. 30.

By comparison, Capital One Financial 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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