Card business models during downturn

[Anonymous]

I figured the issuers would be down even further now but not as bad as I expected. Puts a perspective on how their difference payment systems can be affected during these crazy times 

https://www.fool.com/investing/2020/04/01/heres-why-american-express-and-discover-are-gettin.aspx

[GApeachy]

Good read, thanks for sharing.

[M_Smart007]

I agree  .. Interesting!

[Anonymous]

Solid info, this may show in APR and CC Approvals in the near future. Which most borrowers are concerned about a freeze in lending/approvals.

Makes sense that DFS and AXP get hammered meanwhile MA and V are still holding a longer term uptrend. Closed Loop payment processors vs Open, respectively

[CreditobsessedinFL]

Thank you; great read. 

[nuohlac]

Good read... thanks. 

[AllZero]

Thanks for sharing the information!

[SweetCreditObsession]

Interesting read. Thanks.