Credit

Credit Card Lenders: Hone Strategies and Do Not Let Fintechs Scare You


Marketplace lenders and non-bank point-of-sale finance lenders are not likely to disrupt the course of credit card lending.

Marketplace lenders now dominate the installment loan industry, a segment previously dominated by banks. Loan options are appearing everywhere, but fintechs are simply repackaging old lending products for loans and point-of-sale finance. Credit card issuers should focus on their products’ benefits rather allowing these aspiring disrupters to change the playing field.

You must be subscribed to Mercator's Credit service to download this viewpoint