Issuer Quotes

You may have to contact the issuer two or three times, but keep plugging away until your credit report shows that the card has been closed. - Linda Sherry

With such a low premium of 4 percent to the prior day's close and the fact that there is a significant breakup fee of $225 million, it doesn't give us much comfort that investors are being protected... There has been a huge turnaround among the credit card issuers over the past three years, and with MBNA being acquired, there's some scarcity value for Providian. But their shareholders are not getting it. - Sean Egan

Wit Capital has pioneered the integration of the Internet and the capital markets, and both investors and corporate issuers are benefiting as a result... We believe that Wit Capital is both an attractive investment for Goldman Sachs and an important part of our ongoing commitment to supporting the Internet and other new technologies in our business. - Henry Paulson

We're in an environment right now where there's a lot of strain in the profitability of credit cards... Issuers are looking to hit you with fees and those sorts of things. - Robert McKinley

Vietnam was able to get a fairly low cost last year because of the scarcity of the paper. On the other hand, a frequent issuer like the Philippines won't be able to enjoy the same borrowing costs even though they have the same ratings. - Agost Benard

TS2 provides a much more flexible platform for the issuers. - Craig Maurer

To the credit of the regulators, they've been particularly proactive about how they're tackling this consumer cash bubble... The regulations they've brought in are going to crimp the earnings of the credit card issuers and prevent any fallout to the economy. - James Paterson

To find the right card, consumers can choose from thousands of products created by more than 6,000 card issuers... The current credit card environment gives them more and cheaper options than ever. - Donald Ogilvie

This acquisition will complement our service offering in the important Quebec region. National Bank's clients and other issuers throughout Canada will benefit from our emphasis on customer-focused quality, service and innovation. - Chris Morris