America's top six credit card companies are giving investors more evidence that card users are in control of their spending and payments.
All but one of the banks report that late payments and defaults set multi-year lows for April.
Only Bank of America says defaults rose, and its rate is still at a 2-year low.
Capital One reports the biggest drop in late defaults, down to levels last seen in late 2007.
Bank of America and Citibank show the most improvement for late payments. Bank of America reports it best late-payment rate since mid-2006, so defaults should resume falling soon.
It all adds up to more solid evidence that the credit card crisis, which saw more than $70 billion in uncollectible debt written off, is in the past.