Credit Card and Debt Statistics Database
by Scott Bilker |
Profit for Credit Card Issuers |
Banks are benefiting after US consumers refinancied home, car, and other debts at a record pace last year. The largest savings and loan, Washington Mutual Inc., saw its profit climb 64 percent as it lent $156 billion to homebuyers, more than double the year before. |
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Categories: |
Credit Card,Income |
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Reporting Pub: |
Asbury Park Press |
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Reporting Date: |
2/18/2002 |
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Article
Title: |
Banks Reap Windfall from Falling Rates |
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Article
Author: |
Bloomberg News Service |
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Pub's Source: |
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Source
URL: |
View details from source |
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