tag:blogger.com,1999:blog-678695784698978970.post6493499760226133103..comments2024-03-24T07:05:18.668-04:00Comments on Commercial Law: First Mortgage Defaults: Second Credit Card Defaults?Jim Chenhttp://www.blogger.com/profile/13981455878475838042noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-678695784698978970.post-10866555879850704952008-10-17T17:37:00.000-04:002008-10-17T17:37:00.000-04:00I think the credit defaults will continue to rise ...I think the credit defaults will continue to rise as the rest of the economy tanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-678695784698978970.post-7294191993131420142008-10-17T07:37:00.000-04:002008-10-17T07:37:00.000-04:00Moreover, credit card defaults may be on the rise....Moreover, credit card defaults may be on the rise. In a report issued today, the research firm Innovest Strategic Value Advisors predicts that fallout from the credit .Card companies have already responded to the financial crisis by cutting consumer credit lines. In an effort to assess consumer risk, American Express is and making on-going credit decisions based upon things where a consumer has their mortgage and what stores they shop at, With credit tightening, it would not be surprising for other companies to follow suit.<BR/>---------------------------<BR/><BR/>jnnywllms<BR/><BR/><A HREF="www.drivenwide.com" REL="nofollow">social marketing</A>Unknownhttps://www.blogger.com/profile/02609042986935052029noreply@blogger.com