The percentage of U.S. consumers who are late on their loan payments remained at near-record lows in the first quarter, according to a new report by the American Bankers Association.

The delinquency rate on bank-issued credit cards fell to 2.44%, from 2.6% in the fourth quarter, while late payments on a composite index of eight types of closed-end loans rose to 1.63% from 1.59%, the ABA said. After the fluctuations, the two rates were both just a few basis points above their all-time low levels.

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