TITLE

4 Credit Card Portfolio Lessons Learned

AUTHOR(S)
Kolk, Timothy
PUB. DATE
February 2011
SOURCE
Credit Union Journal;2/21/2011, Vol. 15 Issue 8, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
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.
ACCESSION #
58558542

 

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