Bankcard originations had a 32 percent year-over-year increase in Q4 2013 ($61 billion to $81 billion). However, average new card limits increased only for the super-prime and prime credit tiers. Average new card limits for the near-prime, subprime and deep-subprime credit tiers decreased year-over-year.
New card limits increase only for top credit tiers
Related Posts
Discover how rental payment reporting can expand credit access, strengthen credit profiles and improve risk assessment for renters and housing providers.
Four organizations show what’s possible when data, analytics, AI and technology are put to work against real business and consumer challenges.
From thought-provoking conversations on AI and the future of financial services, day two of Vision brought bold ideas and insights.