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Global Payments
Dealing With Soaring Bad Card Debt Around the World
Posted:
November 02, 2009
Author:
Mercator Research
Abstract:
As the global economic downturn continues, rising unemployment rates and dwindling personal income around the world are driving bad card debt levels at an un-precedent pace. This environment may push developing credit markets into new territory requiring decisive action. Mercator takes a look at rising bad card debt around the world and its implications on credit card industries worldwide.
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