• Home
  • Subscribe
  • About
  • Archives
  • Search
  • Views
  • Bookstore
  • Careers
  • Consulting
  • Education

A Look At Universal Default

Tags » Card Issuers, Consumer Debt, Credit Scores

Kathy Kristof writes for the Los Angeles Times about the increasing use of customer credit reports by credit card issuers and how rates can rise based upon what they contain.

Bank card issuers regularly review their cardholders' credit reports to see whether they have become riskier bets. Some issuers are doing this as often as once a month, compared with annually or semi-annually, as they did in years past. And if they find a change in credit history, the consumer's rate could skyrocket — on all credit cards, not just the one that's been paid late, for example, or for which the credit limit has been exceeded.

Add your comment... (note that all comments are reviewed before they're published)

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/1073/2959528

Listed below are links to weblogs that reference A Look At Universal Default:

Sponsors

News View

Payments Consultants

Subscribe


  • or via RSS

Search

Languages



Glenbrook Partners

PAYMENTS NEWS IS PRODUCED BY AND IS A SERVICE MARK OF GLENBROOK PARTNERS, LLC
ISSN 1556-4487

Glenbrook's Consulting Services

  • Innovation and Strategy
  • Payments Product Development
  • Payments Market Assessments
  • Payments Vendor Selection
  • Merchant Payments Optimization
  • Payments Risk Management
  •  
  • To discuss how Glenbrook can
    help you
    , email us:

Glenbrook's Payments Education

  • Payments Boot Camp
  • Emerging Payments Roundtables
  • Special Focus Workshops
  • Private Payments Workshops
  •  
  •  
  •  
  • For more information on Glenbrook's payments education, email us:

Tools for Payments Professionals

  • Glenbrook Writings
  • Payments News
  • Payments Jobs
  • Payments Education
  • Payments Bookstore
  • Payments Glossary
  •  
  • To send us news that you'd like us to cover on Payments News, email us:

Contacts:                        
Compilation Copyright © 2002 - 2008 Glenbrook Partners LLC. All Rights Reserved.
Terms of Use        Privacy Policy        RSS Feed        Payments News RSS Feed

Subscribe to Payments News   

Follow Payments News on Twitter for Real-Time Updates