Groups on Credit Card Lending Tactics
An investor advocacy group and mutual fund firm with a focus on corporate responsibility are spreading the word about predatory lending resolutions they’ve helped to place on the proxy statements of three large banks.
Goshen, Ind.-based MMA Praxis Mutual Funds and New York-based Interfaith Center on Corporate Responsibility have placed resolutions on the proxy statements of [...]
Credit Card Direct Mail Offers Decline
The number of credit card offers mailed to Americans has declined for the third consecutive quarter, according to new research from Mintel Comperemedia. Estimated acquisition mail volume for credit cards fell nearly 8% from Q1 2008 to Q2 2008 (from 1.67 billion to 1.54 billion).