Banks Widen Credit Access to Low-Score Borrowers

Source excerpt · PYMNTS

Large banks are putting more credit cards into the hands of consumers with low credit scores, but they are not pairing that expansion with large amounts of new borrowing capacity. The combination indicates how card issuers are pursuing growth after several years of tight underwriting. Rather than making a broad shift toward looser credit standards, […] The post Banks Widen Credit Access to Low-Sco…