Journal Article

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;

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Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Communities and Banking

Publication Date: 2008

Issue: Fall

Pages: 21-23