Condition of Consumer Credit: Hearing Before the Committee on Banking, Housing, & Urban Affairs, U.S. Senate

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Our Price: $20.00

Year: 1996
Pages: 89
Binding Paperback

Product Code: 0788171119

Description

Richard C. Shelby (ed). Contains the proceedings of the hearing on the implications of consumer credit trends & the risks they impose on financial institutions. Testimony examines weakening consumer credit quality & rising credit card losses, the effects of competition on credit card dynamics & lenders, funding through securitization, the growth of debt repayment pressure for marginal quality consumers, tighter standards, the effect of a stable economy on consumer credit quality, the increasing acceptance of credit cards as a method of payment by consumers & merchants, a healthy banking industry, & the involvement of bankers in consumer educ.

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