Sunday, December 19, 2010

CU Chat Up - Why are CUs Afraid of Giving Out Credit Cards?

This week on CU Chat Up, Rex Johnson from Lending Solutions will be on the show to talk about credit card programs. In particular, we will be discussing how credit cards are the most profitable lending product for credit unions, but many credit unions are afraid to give out cards. Why is that? 

Tune in live on Wednesday, December 22nd at 2 pm CT or listen to the archived version afterwards. Here is the link to the show: 


Do you have questions on this topic for Rex? Please post them in the comments. 

Also, if you want to participate in the discussion, you can join the live chat room at 2 pm CT. You can register for an account that enables you to join the chat at Blogtalkradio. Look forward to having you join the conversation!


1 comment:

  1. I suggest anyone attending this radio show, read the below article from NY Times dated December 12, 2010- "Risky Borrowers Find Credit Again, at a Price"- this is specifically what credit unions need to pay attention to- the banks are once again after the higher risk cardholders-

    http://www.nytimes.com/2010/12/13/business/13credit.html?_r=1&scp=3&sq=credit%20card%202010&st=cse

    ReplyDelete