Detailed text transcripts for TV channel - FOXNEWS - 20120513:15:19:00
Should you take advantage? >> yeah. the credit card issuing community now that they have fully absorbed the card act in dodd frank are realizing they need to get back to business. one of the ways they get back to business is to focus on consumers other than the fico750 and above which means they're going deeper and deeper into the risk pool which means they're mailing pretty aggressive offers to consumers who even 12 to 24 months ago were not having any access to capital or any access to credit cards. why? because there's fantastic margin if you can manage that particular consumer properly and...