Such specialized retail credit cards differ from so-called general-purpose cards used at multiple-location stores.
The totals include bank-issued and retail credit cards, auto loans, consumer-finance loans, home-equity lending and student loans.
Home-equity and installment loans are increasing, and credit-card volume grew because of "better-than-expected spending, " Mr. Kim added.
Spreads on both investment-grade credit-default swaps (insurance against bond default) and on high-yield indices have increased sharply.
Total household debt including mortgage, student, credit-card and auto loans has fallen by roughly 10% since borrowing peaked in mid-2008.
Given these credit stats, it follows that second-lien loans are wide-margin product taken primarily by relative-value investors, arrangers say.
Like the broader credit-card industry, delinquencies on store-brand or private-label cards are slowing.
The Diamonds processed credit card orders in their 8-year-old daughter's room and packed boxes in their 11-year-old son's room.
Would it make sense to continue extending cheap credit to state-owned heavy manufacturers at the expense of greener private-sector start-ups?
Tight credit controls--net charge-offs are only 4.7% of the portfolio--helped AmeriCredit survive the 1997 meltdown of the subprime lending industry.
Michael Petrick -- who heads the company's corporate credit group -- will become co-head of institutional securities sales and trading.
Credit-rating agencies should be reformed, incentives for excessive risk-taking reduced and bankers' bonuses paid on the basis of long-term performance.
The government wants to introduce standards for credit-card costs, access and terms, similar to those it has established for mortgage-providers.
Security concerns have led many places in Europe to accept only chip-and-pin credit cards, which causes trouble for travellers with magnetic-stripe cards.
SAB, in late April saw credit-rating firms, including HR Ratings and Moody's Investors Service, downgrade the company further into junk-bond territory.
WSJ: Two Mexican Home Builders Hire Advisers Amid Debt Concerns
In more people-stealing-credit-from-Lady-Gaga news, Yana Morgana claims that her now-deceased daughter, Lina Morgana, shaped Gaga into the superstar she is today.
Many banks have transferred credit-card loans to home-equity loans, which are tax-deductible for the borrower and offer collateral for the lender.
Victor Chandler, a leading independent British bookmaker, has responded by transferring its telephone-credit business to Gibraltar, offering low-tax betting to high-rollers.
That explains why the current credit crunch -- lending has shrunk every quarter over the past three years -- is so devastating.
The point of the so-called bailout was to re-liquefy bank credit for everyone in the country and to jump-start the housing market.
Member-funded discounts are available for credit card companies, fund-raising projects and other entities to provide money-saving opportunities for the customers in question.
An overvalued stockmarket, a credit-driven consumer-spending boom and a current-account deficit all point to the same conclusion: that America's expansion is unsustainable.
Micro-credit is one reason for the fall in poverty in Bangladesh, from 59% of the population in 1991-92 to 53% in 1995-96.
The two long-term credit banks that later went bust (Long-Term Credit Bank and Nippon Credit Bank) were stuffed full of former finance-ministry staff.
For a start, credit rating agencies' own credibility hasn't recovered - perhaps it never will - from their role in the sub-prime fiasco.
China, where few ordinary citizens have a credit card (indeed, where credit-card-style revolving consumer lending is illegal), is MasterCard's second-largest market after America.
Credit card issuers could no longer lure co-eds with BPA-free water bottles or sleeveless t-shirts and card seekers under 21 needed a parental co-sign.
The three economists looked at 12, 000 credit-card accounts at one financial institution (whose identity they don't disclose) over a two-year period ended June 2002.
Moody's downgraded its AAA credit-rating for GE , which the conglomerate had held since 1967, because of concerns over its credit-card and property businesses.
There's no cash to exchange or credit card to swipe -- drivers a paid by Uber direct, and the fare includes a 20-percent tip.
ENGADGET: Uber tackles Taxis in Chicago with Uber Garage experiment
应用推荐