Inside these posts: Discover Card

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.


Fewer writeoffs, late payments for Discover Card

Writeoffs of uncollectible balances fell for Discover Card in July as did late payments, signaling that consumers are getting debt payments under control.

Discover Financial Services said in a regulatory filing Monday that its net charge-offs declined to $120.9 million, or 7.28 percent in July, from 8 percent in June. Get the full story »