Bank of America says charge-offs fell in January (AP)

Bank of America Corp. said Tuesday that its U.S. credit card losses fell in January as delinquencies edged lower. The bank said in a Securities and Exchange Commission filing that its annual net charge-off rate for U.S. cards declined to 13.25 percent last month from 13.53 percent in December.

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Bank of America says charge-offs fell in January (AP)