CC Managers: Use Stress Metrics to Model Credit Losses through 2024
An outgrowth of Dodd-Frank, the Wall Street Reform and Consumer Protection Act, was that financial institutions with more than $250 ...
Tag: interest rates
Financial Inclusion: Regulators Must Harmonize Goals for CC’s & Lending
There’s plenty in the press on financial inclusion and ways to embrace the under-and-unbanked. Yesterday’s discussion on a solid solution ...
Inflation: 7% Rates Will Haunt CC Users and Bring Risk to Credit Quality
Credit cards help consumers get through their everyday needs. No matter where you are on the economic spectrum, you can ...
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, ...
Revolving Debt Generates Interest Revenue:
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to ...
Understanding the Evolving World of Payments
Paying for a product or service without physical currency has been around for years, thanks to the introduction of the ...
Many Companies Are Hesitant to Shift off LIBOR in 2022
This Wall Street Journal article highlights the reluctance of many companies to replace the London Interbank Offered Rate (LIBOR), a ...
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 Cards: An Introduction to Intro Rates
Booking a new credit card account is not cheap. Issuers pay aggregators, such as Credit Karma and Nerd Wallet, hefty bounties ...
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 ...
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