Bread Financial October net principal loss rate falls to 6.69% from 7.50% year earlier
BFH•Bread Financial's October net principal loss rate fell to 6.69% from 7.50% a year earlier, while net principal losses declined to $107 million from $112 million. Average credit card and other loans rose 6.9% to $18.85 billion.
1. October credit metrics
Bread Financial's October 2026 net principal loss rate fell to 6.69% from 7.5% a year earlier, and net principal losses declined to $107 million from $112 million. The delinquency rate decreased to 5.64% as of October 31 from 6.05% a year earlier. Average credit card and other loans rose 6.9% year over year to $18.85 billion; end-of-period loans totaled $18.96 billion, compared with $17.69 billion a year earlier.
