Other Opportunities
Home Equity Lines Of Credit (HELOC)
- HELOC is growing area within banks
- More than 75% of the top HELOC providers issue credit cards against the line of credit
Other Markets for Collections
- Smaller banks combine credit card and consumer loan collections
- FiSite Research report (September 2004) showed 83% of online consumers favored an online collections site - credit card, auto loans and mortgages were identified as good targets
Top 10 HELOC provider to implement Consumer Card product in