4 Credit Card Portfolio Lessons Learned

Kolk, Timothy
February 2011
Credit Union Journal;2/21/2011, Vol. 15 Issue 8, p8
Trade Publication
In this article the author discusses the lessons learned by credit unions in offering credit cards in the U.S. He describes the reasons why some credit unions continue to explore credit cards through a third-party. The lessons describe by the author include very expensive portfolio brokers, consideration of a portfolio sale, and the involvement of staff.


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