Tag Archives: First

Mailed offers for credit cards, other products up in first quarter

Offers for credit cards were up during the first three months of this year.

During the recession, and even after, many lenders may have become more resistant to offering consumers loans, whether they were in the form of mortgages or credit cards.

Given some of the credit difficulties the country faced – rising credit card default and home loan foreclosure rates, for example – lenders tried to reduce their risks by being more careful to whom they gave money. Read the full post