No subprime impact seen on credit card ABS-Moody's

(Reuters) - Moody's expects delinquencies and net charge-offs to
gravitate back toward, but probably not exceed, levels that
existed in 2005 before bankruptcy legislation caused
delinquencies to ease.




However, should the economy slow at a faster rate than
expected, then the pace of deterioration could accelerate, it
said in a recent report.


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