US DATA: The American Bankers Association’s composite ratio, which
tracks delinquencies in eight closed-end installment loan categories,
fell 29 basis points to 2.59% of all accounts in Q3 2011. That compares
to 3.01% in the third quarter of 2010. Bank card delinquencies rose just
three basis points to 3.25% compared to the previous quarter. Home
equity loan delinquencies fe1l 26 basis points to 4.12%. More on MNI
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