apply 4 it - loans mortgages credit cards

Retail Credit Cards: New Interest In An Old Topic

Boston, MA (PRWEB) September 3, 2008 -- This report examines the venerable world of private label and co-branded retailer credit cards, and the market forces that are shaping this segment. The vast majority of retailers have turned their programs over to third party issuers, but these retailers' interest in payments as a sales enabler and relationship building tools have never been higher. And with more payment vehicles and providers at their disposal, retailers increasingly focus on developing their optimal payments strategy.

Highlights of the report include:

* Private label credit card programs owned and managed by retailers continue to dwindle in number.

* Third party retail portfolio purchasers continue to grow, but contract renegotiations and renewals may alter the competitive landscape.

* In-store competition among merchant-sponsored payment vehicles is intensifying, as merchants deploy co-branded, private label, decouple debit.

* Emerging payment providers may be creating the next generation of networks and applications for retail, posing a competitive risk to traditional private label programs.

The promise of credit for all is as enticing as it ever has been, and retailers and lenders are responding by designing products designed to evaluate consumer's risk in a way that supports their funding any purchase from that merchant; whether it is through a co-branded credit card, proprietary card or at the transaction level.

Ken Paterson, Director of the Credit Advisory Service at Mercator Advisory Group, and one of the report's authors comments, "to the consumer, the private label world is alive and well and in some ways, better than ever. To the retailer, their branded accounts can now be part of a layered payments strategy designed to maximize consumer purchasing opportunities. To the issuer, the general purpose versus proprietary card war is over and the market has found some degree of balance. As the smoke clears, consumers still want access to easy credit and retailers still want to increase spend. In-store credit was born out of this simple need, so while the economic pie may be sliced up differently, roles have changed, and new players have come on board, this is the core need to be addressed."

The report is 32 pages long and contains 6 exhibits

Members of Mercator Advisory Group have access to these reports as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.

Please visit us online at http://www.mercatoradvisorygroup.com/.

For more information call Mercator Advisory Group's main line: 781-419-1700 or send email to: info @ mercatoradvisorygroup.com

###

MORE ARTICLES:

Mortgage and Credit Card Companies Under the Spotlight on Consumer Charging
For the first time since May 1996 reports have indicated that wage increases have risen faster than house price inflation. According to Nationwide, "The overall picture remains one of a gently softening market".

Bad Credit Mortgage Loans Online - How Your FICO Credit Score Can Affect Your Loan Approval
When applying for a mortgage loan when you have a bad credit history. There are a few things you should know about your FICO score that will help you know what to expect from mortgage lenders.

Bad Credit Remortgage Loan: When Bad Credit Plays Mischief With Your Mortgage
Financial difficulties are married to bad credit. It is a tough marriage but can be peaceful with a little bit of counseling.

Bad Credit Home Loans - Dealing With Bad Credit Mortgage Companies Online
Dealing with mortgage companies online can enable you to get a home loan even with bad credit. Bank associates' skepticism and talk around are avoided when you apply online with a mortgage broker.

Credit and Loan Help for Mortgage Loans
Mortgage loans are some of the most difficult loans to receive if you have bad credit because lenders focus heavily on your credit score and history of making payments on time. However, there is credit and loan help for individuals interested in home mortgage loans.

Affordable Bad Credit Mortgage Loans - 3 Tips to Reasonable Bad Credit Mortgage Loans
Finding a mortgage loan with a bad credit rating can be an absolute nightmare: Driving from broker to broker, bank to bank, getting turned down every time, all the while your credit keeps dropping with every credit check. Fortunately, this painful process can be avoided with just a few simple tips.

Bad Credit Home Financing - Get The Mortgage Loan You Want Even With Poor Credit
Having poor credit alone cannot hold you back from getting the home loan you want. Buying a home that is everything you want in a home, is a very exciting experience.

Advantage Credit and Ellie Mae Offer Mortgage Professionals Mortgage Loan Fraud Prevention Tools
Advantage Credit International and Ellie Mae have partnered to target mortgage loan fraud and mortgage broker fraud.

Consolidate Debt Loans - Credit Card Debt Consolidation Loan
The credit card system is the most easily available form of loan, as their authorization is based only on the credit history decided by the average monthly income, type of profession, proper bill payment patterns etc of the person availing a credit card

Jumbo Mortgage Loans - Getting Approved for a Jumbo Mortgage Loan Online
Getting approved for a jumbo mortgage loan online is similar to getting approved for a traditional mortgage when you use a mortgage broker. However, you can expect to find lower interest rates online with better terms.

Low Credit Score Home Loans - Mortgages For People With Poor Fico Credit Scores
Whether you are refinancing, getting a second mortgage or home equity loan, getting a mortgage loan with poor credit history can be tough. In the eyes of the lender, having credit problems puts more emphasis on the other qualifying factors to determine whether or not you can get approved.

Option One Mortgage Loans – Getting an Option ARM or Option One Mortgage Loan
Have you heard about or been interested in finding out more about option one mortgage loans? They are becoming very popular, but its important to understand how they work before you apply for one. I will describe, in this article, an overview of the most common type of option ARM mortgage loan or option one mortgage loan.

Direct Mortgage Wholesale Announces Revolutionary Loan Software That Simplifies Choosing a Mortgage Loan Product
Direct Mortgage Wholesale, a wholesale mortgage bank, has released a revolutionary version of its proprietary loan origination, processing and underwriting software that makes finding the right loan and collecting the closing conditions the easiest steps in the origination business. This software makes choosing a loan product easy, reduces the broker's workload and speeds up the loan process.

Loan Application Mortgage Rate Calculator for your Mortgage Loan
Are you thinking of purchasing land, a piece of property, or your dream house? Then maybe you have considered applying for a mortgage loan. If you have already decided that you are getting a mortgage loan, then let a loan application mortgage rate calculator help you.