From subprime mortgages to subprime credit cards
Abstract: Since the 2005 changes to bankruptcy law made subprime products safer for credit card companies, they are promoting more cards to consumers with poor credit. High up-front fees and penalties may call for consumer caution.
Keywords: Credit cards;
File(s): File format is application/pdf http://www.bostonfed.org/commdev/c&b/2008/fall/Anderson_subprime_credit_cards.pdf
Provider: Federal Reserve Bank of Boston
Part of Series: Communities and Banking
Publication Date: 2008