Bread Financial Holdings ( (BFH) ) has issued an update.
Bread Financial Holdings, Inc., a tech-forward financial services company, recently reported its performance update for September 2024, highlighting a net loss rate of 7.8% and a delinquency rate of 6.4%. The company, known for its personalized payment solutions including credit cards and buy now, pay later products, continues to navigate financial challenges amidst macroeconomic conditions. Despite these hurdles, Bread Financial remains committed to providing innovative consumer finance solutions, powered by data insights and a digital-first approach, aiming to foster growth and flexibility for its customers.
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