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Strong growth in bankcard originations for some credit tiers

April 2, 2012 by josephine.munis

The strongest growth in new bankcard accounts is occurring in the near-prime and subprime segments of VantageScore® C, D and F. Year-over-year (Q1 2011 over Q1 2010) growth rates of 20 percent, 46 percent and 53 percent were observed for each of the respective tiers.

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Source
: Experian-Oliver Wyman Market Intelligence Reports

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