Credit Cards Ride Out Storm, August Auto ABS Falters

13 Sep 2007

The credit card sector appears to be riding out the credit storm despite slightly lower issuance volume in August.

The credit card sector appears to be riding out the credit storm despite slightly lower issuance volume in August. Last month saw $5.6 billion in credit card issuance, a 6% drop from August 2006, but overall issuance this year is up 28% so far, said Joe Astorina, director ...

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