Card recently made knowns 09-04-2...

Card recently made knowns

09-04-2002

New Moody's Index: Canadian Credit Card Market powerful But May Soften in hereafter

Volume: 17
Number: 18
ISSN: 08940797
Publication Date: 09-04-2002
Page: 1
Type: Periodical
Language: English

Canadian credit card industry performance is excessively strong with much better los and delinquency rates compared to its U counterpart, although near early signs of credit deterioration may be emerging, the first installment of Moody's Investors Service's just discovered Canadian Credit Card Index, released last week, indicates.

"Slowly rising credit card losse and the beginnings of