U.S. credit card loss rates remain high on a historical basis, but continued improvements in delinquency trends indicate card chargeoffs could drop in the coming months, Fitch Ratings said.

"Credit card performance improvements have prevailed over typical seasonal trends,’ said senior director Cynthia Ullrich. "Chargeoffs and 30-day delinquencies have been in steady decline for the last several months at a time when they usually increase."

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