card index

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consumers continue to fall behind and default on their credit cards at record rates and excess spread has contracted to levels not seen in more than 10 years, according to the latest Credit Card Indexes from Fitch Ratings.
Fitch established its Prime Credit Card Indexes in 1991 in order to measure the aggregate performance of receivables used to collateralize credit card asset-backed securities.
All three Fitch credit card indexes, covering prime, subprime and retail trusts, can be accessed at www.