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Bread Financial reports May net loss rate 8% vs. 8.8% last year

Reports End-of-period credit card and other loans $17.7B vs. $17.8B last year; Average credit card and other loans $17.7B vs. $17.8B last year; Net principal losses $120M vs. $133M last year; delinquency rate 5.7% vs. 5.9% last year.

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