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Posts Tagged ‘high risk borrowers’

Yves Smith: Banks returning to the Faucet – Credit Card Junkies

13 Dec

Banks Desperate for Profits Seek Out Risky Credit Card Customers by Yves Smith Banks, having trashed their once-sound model for the credit card business, are back trolling to find credit junkies, albeit of a somewhat safer type than the ones that blew up on them in the credit crisis. Back in the 1980, the credit card […]