Discover credit card net charge-off rate slides in October; delinquency creeps up (DFS)

Discover Financial’s (NYSE:DFS) credit card delinquency rate edged up while its net charge-off rate dropped significantly in October, the company disclosed in a filing on Thursday.

The delinquency rate increased to 3.87% from 3.84% in September. That compared with 3.61% a year ago and