Consumer credit delinquencies in the fourth quarter reached its highest level ever, according to the American Bankers Association’s “Consumer Credit Delinquency Bulletin.” Based on total dollars outstanding, delinquency rose to 5.52% in the fourth quarter. Sequentially, delinquent dollars increased 78 basis points. Home equity lines of credit delinquencies also reached a new record, rising 31 basis points to 1.46%. Every category saw rising delinquencies except mobile home loans. The ABA report defines a delinquency as a late payment that is 30 days or more overdue.