Despite widespread recognition of their importance to an overall loan portfolio, credit cards remain far too mysterious to far too many credit unions, according to consultants that work with credit unions on credit card management.
Awareness and ownership, risk vs. reward and know thy members. All this can pay off in the card portfolio, these experts say.
Credit bureau says consumers adding less to credit lines, using less of what they have.
Fourth quarter figures show delinquency rate at lowest level since 1994. Economist cites home-related payment improvements, too.
Card, retail executives say practice unlikely to take root in U.S.
CoastHills FCU grows account base by 31% in 2012.
Visa Vue Online analyzes debit and credit spending to help with targeted marketing.
Despite slow uptake and Google's low-touch service, search giant remains largest foe in digital wallet disintermediation threat.
Five organizations benefit from fees for specially branded cards from Michigan credit union.
Card Knowledge Factory's Robert Hammer sees hike coming in a variety of card management areas.