This is a print on demand edition of a hard to find publication. Creditors consider a variety of info. in assessing credit risk and account profitability. Concerns have been raised about the types of info. some creditors may consider when setting and adjusting credit terms on credit cards (CC) they issue. The types of info. in question relate to the use of transaction-specific details, such as the identity or location of the merchant involved in a CC transaction or the types or prices of the items purchased. This report provides info. about the practices of CC issuers in this regard. Conversations were held with CC issuers, their fed. supervisory agencies, and entities that provide account mgmt. services to issuers. The report also reflects info. gathered from a survey of card issuers and an assessment of credit record info.Creditors consider a wide variety of information in managing and assessing credit risk and account profitability. ... raised about the types of information some creditors may consider when setting and adjusting credit terms on credit cards they issue to consumers. ... their cardholdersa#39; account usage and payment behavior and (2) credit records maintained by the credit-reporting agencies about cardholdersa#39;anbsp;...
|Title||:||Reductions of Consumer Credit Limits Based on Certain Information as to Experience Or Transactions of the Consumer|
|Publisher||:||DIANE Publishing - 2011-01|