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ADS - Alliance Data credit card net charge-off rate jumps again in November
Alliance Data Systems Corporation
Alliance Data's (NYSE:ADS) credit card net charge-off rate of 4.6% in November increases from 4.1% in October, bringing its three-month average up to 4.07%. Meanwhile, its delinquency rate of 3.9% is unchanged from the prior month and well below 5.0% in November 2020. Previously, (Nov. 15) Alliance Data's credit card net charge offs and delinquency rates rose in October.