  |
|
|
||||
|
||||
Credit Card Pricing Developments and their Disclosure
Mark J. Furletti Federal Reserve Bank of Philadelphia January 2003 Federal Reserve Bank of Philla Payment Cards Center Discussion Paper No. 03-02 Abstract: Public data, proprietary issuer data, and data collected by the author from a review of over 150 lender-borrower contracts from 15 of the largest issuers in the U.S. suggest that, over the past 10 years, credit card issuers have drastically changed the way that they price their product. This paper outlines the history and dynamics of credit card pricing over the past 10 years and examines how new pricing methods are addressed by current regulatory disclosure requirements.
Keywords: Credit card, Truth in Lending Act, TILA, Regulation Z, pricing JEL Classifications: K2 Working Paper SeriesDate posted: August 05, 2004 ; Last revised: August 30, 2006Suggested CitationContact Information
|
|
||||||||||||||||||||||
© 2009 Social Science Electronic Publishing, Inc. All Rights Reserved. Terms of Use Privacy Policy
This page was served by apollo3 in 0.109 seconds.
Download
Facebook
Twitter
Digg
Del.icio.us
CiteULike
