The sub-prime credit market: Identifying good risks for unsecured cards
Unsecured credit cards are a late, and somewhat reluctant, arrival to the sub-prime credit market. Unlike mortgages and auto loans, which are collateralized by some real property, credit cards are equivalent to a personal line of unsecured credit. While credit card issuers have good reason to be pru...
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Veröffentlicht in: | The Credit world 1996-09, Vol.85 (1), p.13 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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