More credit card users are paying their bills on time.
An American Bankers Association report released today finds about two-and-a-half percent (2.47%) of bank-issued credit card accounts were delinquent in the fourth quarter of last year.
That's the lowest level since 1994.
Compare that to the record high of just over five percent (5.01%) in 2009, when twice as many card holders had payments at least 30 days overdue.
Bank-card delinquencies fell throughout the year last year -- and analysts say that's a sign more consumers are trying to pay down their debt.
Late payments also fell in home equity loans, home improvement loans and third-party auto loans, according to the ABA report.