Why Credit Card ABS Performance Could Improve In 2010
Mar 08, 2010 | 00:12:05 min
Although high unemployment and bankruptcies will continue to hamper consumers and their ability to pay off debt, credit card ABS performance might improve this year. And our ratings outlook on the sector is stable. Standard & Poor's credit analyst Ildiko Szilank provides the reasons behind our thinking. Szilank also gives her take on issuance and rating actions in the sector in 2010, recent criteria changes, and more.
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