Discover sees 2Qprofit, fewer charge-offs

Discover sees 2Qprofit, fewer charge-offs
(AP) — Discover Financial Services said Thursday that it returned to profitability in its fiscal second quarter as consumers spent more with their credit cards. The company also said the rate of accounts in early delinquency continued declining. In the quarter, Discover put aside $724 million …

Read more on Crain’s Chicago Business


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