Will credit cards drop their guard?

legislation

The bankruptcy reform bill, signed by President Bush in April, is likely to bring about sweeping changes, making it more difficult for consumers to file for Chapter 7 bankruptcy. But with just four months to go before the bill becomes law, many experts are debating whether a heightened sense of security in asset-backed securities (ABS) that use credit card receivables as collateral will result in some unsecured creditors loosening their credit quality standards, heralding potential disruptions i

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: