Creditors now Targeting Wealthy Consumers, Small Businesses More than Ever

Just a few years ago creditors were targeting subprime borrowers as an easy way to make money. This profitable niche has since collapsed, leaving many creditors no choice but to rethink their target customer. With consumer credit card debt soaring and credit card losses hitting an all-time high, creditors must scramble to pinpoint a new consumer, and it looks like the wealthy borrower and the small business owner are the main targets. Setting their Sights on the Wealthy, Small Businesses