Oct
06
2013

Bankcard originations continue steady growth while delinquencies decline

According to a recent Experian analysis of Q2 2013 bankcard trends, bankcard origination volumes increased 21% year-over-year equating to a $12 billion increase in new bankcard limits. The increase was largely driven by the prime and near-prime segments which made up the majority of the $12 billion increase.

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Source: Bankcard origination volumes increased by 21 percent from the same quarter one year ago

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