U. S. Credit Card Industry: An Assessment of Its CompetetivenessDIANE Publishing, 1994 - 64 páginas An assessment of the competitiveness of the U.S. credit card industry. Discusses the structural characteristics of the industry, explanations for the stability of credit card interest rates, and the advantages and disadvantages of various policy options such as an interest rate cap. Charts and tables. |
Términos y frases comunes
18 percent American Express annual fees annual interest rates antitrust argued average credit card average most common billion Card Disclosure Act Card Industry's Structure card interest rates Card Lending Differs cardholders Chairman Charge Card Charge Card Disclosure charge-off rate common interest rate Consumer Lending cost of funds credit card accounts credit card balances credit card industry credit card interest credit card issuers credit card lending Credit Card Market credit card rates credit card transactions credit histories credit limits depository institutions Discover Card Economic economists Faces Some Challenges Federal Reserve Bank HHI value increased industry analysts interest rate cap lending activities lower interest rates MasterCard issuers MasterCard members nonbank offer lower interest outstanding credit card payment percent in 1993 policy options RAM Research Corporation rates and earnings Sears Structure Is Competitive switching costs tacit coordination total credit card Types of Consumer U.S. credit card VISA and MasterCard VISA members