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Fitch: Strong Economy Still Bolstering Record U.S. Credit Card Performance

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NEW YORK--(BUSINESS WIRE)--U.S. credit card ABS metrics remain robust, with payment rate and excess spread levels again climbing to historic highs, according to the latest monthly index results from Fitch Ratings. The positive trend in U.S. credit card ABS performance coincides with strong economic indicators, as the labor market continues to tighten while GDP and consumer confidence trend upwards. The U.S. economy rebounded from sluggish growth in the first quarter as GDP grew 3.7%, according

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