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Fitch: U.S. Credit Card ABS Closes 1H'15 on Strong Note

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NEW YORK--(BUSINESS WIRE)--Strong consumer indicators bode well for U.S. credit card ABS as delinquencies continue to fall to unprecedented levels as first half-2015 draws to a close, according to the latest monthly index results from Fitch Ratings. Consumer credit increased $20.5 billion in the month of April after a revised increase of $21.3 billion in March, as reported by the Federal Reserve on June 5th. Revolving credit, which predominantly reflects credit card usage, rose $8.6 billion (up

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