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People who oppose this view feel a better approach to lowering credit risk would be to stop providing credit to the overextended. Regardless, one of the larger card issuers reported adding over 2 million new accounts in the last quarter of 2004 and an increase in profit of 9%. (4) One thing that seems clear is the BAPCPA imposes no new responsibility or reform on the credit card industry...
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Regardless, one of the larger card issuers reported adding over 2 million new accounts in the last quarter of 2004 and an increase in profit of 9%. (4) One thing that seems clear is the BAPCPA imposes no new responsibility or reform on the credit card industry.
Another provision the BAPCPA has added to the bankruptcy code is mandatory credit counseling...
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