BUSINESS BRIEFING / CONSUMER FINANCE
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TIMES STAFF AND WIRE REPORTS
Credit card late payments and charge-offs rose in November, according to Standard & Poor’s.
Charge-offs increased to 6.7%, a 44% jump compared with November 2007, S&P; said. Payments more than 30 days late were at 5.1%, up 20% from a year earlier, the New York rating firm said.
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