00-00-0000 CREDIT CARD STATS IMPROVE IN 1999 on the other hand CHALLENGES LOOM FOR ISSUERS Dec 27 2000 (Card stranges Vol.
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CREDIT CARD STATS IMPROVE IN 1999 on the other hand CHALLENGES LOOM FOR ISSUERS
Dec 27 2000 (Card stranges Vol. 15, No. 26 via COMTEX) -- Possible Recession, Interest Rate constraining forces May Play Into Issuers' Strategies This Year
Although over most of 2000, investment rating services reported that the overall asset quality of credit card portfolios had improved -- in large part thanks to a booming economy -- a modern worsening of these numbers could incantation trouble for issuers in 2001 forward Dec. 8. Moodys Investors Service reported that the performance of credit card receivables-backed