http://www.bankaholic.com/online-banking-statistics/ Compare the Best CD (Certificate of Deposit) Rates, Highest Money Market Rates, Best Savings Accounts, Bank Deals, Interest Rates and Bank Reviews! Fri, 20 Nov 2009 16:50:23 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://www.bankaholic.com/online-banking-statistics/comment-page-1/#comment-110518 t-bone Wed, 28 May 2008 20:19:00 +0000 http://www.bankaholic.com/?p=360#comment-110518 thanks for the insights thanks for the insights

]]> http://www.bankaholic.com/online-banking-statistics/comment-page-1/#comment-110483 J Wed, 28 May 2008 14:36:37 +0000 http://www.bankaholic.com/?p=360#comment-110483 I am a frequent reader of your blog and happen to work in credit card analytics. The fact that the approval rate has dropped may be a function of tightening credit standards, but is more likely a result of less credit worthy applicants. As the economy, grows softer, consumers will become increasingly credit hungry, while their credit worthiness will increasingly deteriorate and lead to lower approval rates. This would explain the increase in applicants and decrease in approval rate. I am a frequent reader of your blog and happen to work in credit card analytics. The fact that the approval rate has dropped may be a function of tightening credit standards, but is more likely a result of less credit worthy applicants. As the economy, grows softer, consumers will become increasingly credit hungry, while their credit worthiness will increasingly deteriorate and lead to lower approval rates. This would explain the increase in applicants and decrease in approval rate.

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