July 30, 2008 Archives

Study: Card issuers squeamish about bringing in new customers

Matt Schulz | July 30, 2008 | Research, regulation, industry reports

Tags: consumer spending, credit cards, customer acquisition

Frightened off by tough economic times, most credit card issuers are scaling back their pursuit of new customers because they just aren't worth the risk, according to a new study.

Wells Fargo cardholder practices may be key in keeping solvent

Julie Sherrier | July 30, 2008 | Credit card miscellany

Tags: credit cards, debt management, Wells Fargo

Some Wells Fargo credit cardholders are experiencing the consequences of the financial institution's efforts to abate future losses.

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