CreditCards.com

Tag Archives: lending

Posing tough credit card questions to your bank

Jeremy Simon

Before making a major purchase — such as a car, home or costly appliance — you probably ask the salesperson some tough questions. But do you pose similarly challenging inquiries to the bank when you’re applying for a credit card?

The Center for Responsible Lending (CRL) thinks you should.

Read More »

Credit card corporate announcements confirm: delinquencies up, lending tightening

Daniel Ray

Lots of corporate news today confirms that as credit card delinquencies rise in this sour economy, card issuers are tightening their lending standards.
Read More »

Loan officers’ survey: Credit card lending standards tighten sharply

Daniel Ray

Credit card issuers sharply tightened lending standards in July, hiking rates, slashing credit limits and generally getting stingier about issuing cards, according to a Federal Reserve survey released Monday afternoon.
Read More »