Betting on Subprimes: Strategic Play or Risky Business?
The WSJ reports on the trend of increased lending to subprime borrowers, and while it sounds like a great deal, ...
Tag: inflation
Getting a Read on This Year’s Holiday Spending
It has been tough getting a clear understanding of how consumer spending is developing this holiday. On one hand, we ...
Inflation, COVID, and Credit Cards
You’ve heard all the good news about credit cards as 2021 closes out. Revolving debt volumes are up, credit losses ...
Turkeys, Inflation, and the Ability to Repay Credit Cards
Inflation creates risk in the credit card business. The typical U.S. household, with a median income of $68,521, must juggle ...
In Credit Cards, Every Basis Point Counts
A basis point is a relatively small number. For example, when a number is expressed as 12.34%, the last position, ...
Credit Card Growth: Marketer’s Dream or Credit Manager’s Nightmare?
It is still early in the game to prove whether the increase in consumer debt cited by the Federal Reserve ...
Credit Card Revenue: Hitting on All Cylinders
Third Quarter results are rolling in and credit card issuers delivered strong results. Happy Days are here again. At Bank ...
South Dakota: Credit Card Haven or the Cayman Islands for Banks?
For months in the early 1980s, I traveled from LaGuardia Airport in N.Y. to Minneapolis on either United or USAir, ...
Inflation: One of Three “I” Words That Affect Credit Cards
Interchange, Interest, and Inflation are three factors that affect credit cards. Interchange typically generates 20% to 30% of credit card ...
Credit Cards & Inflation: A Serious Concern in Consumer Credit
The most recent numbers on U.S. inflation, which the Bureau of Labor Statistics (BLS) tracks, is that the Consumer Price ...
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