As subprime borrowers began to default on their mortgages in rapidly growing numbers this year, credit card issuers increased their efforts to sign up such customers with tarnished financial histories, according to a market research firm.
Direct mail credit card offers to subprime customers in the United States jumped 41 percent in the first half of […]
It’s not just mortgages. As it gets tougher to land a home loan, some people are also finding it harder and more expensive to get other types of consumer credit.
Some lenders, such as USAA, are nudging up credit-score requirements across their auto loans, credit cards and personal loans. Bank of America Corp. and Capital One […]
A new research study shows that the overall safest card issuers are: #1 Bank of America; #2 American Express; #3 tie - Discover and First National Bank Omaha; #4 Citibank; and #5 Navy Federal Credit Union.
Javelin Strategy & Research says that its research also showed that in fraud prevention Citibank ranked top and in fraud […]