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AMERICAN EXPRESS CO (AXP) 40.93 red arrow -$0.21 (-0.51%) 07:07PM (15 mins delay)


Consumer Credit: Precipitous Drop in Credit Card Offers

Oct 30, 2009 - 2:49 PM EDT

paul kedroskyPaul Kedrosky submits:

The latest Mintel data on credit card direct mail offers to consumers showing Q3 of this year against the preceding few years. The drop is ... precipitous, from 2.1 billion a quarter in 2006 to 391 million in the most recent quarter.

ccards-mintel


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Source: Seeking Alpha (Oct 30, 2009 - 2:49 PM EDT)



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