Graduating Secured Credit Cards to Full Featured Products

In Mercator Advisory Group’s research on secured cards, we noted how the market changed since the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) eliminated a series of unfair practices. Before the regulation, the market was filled with hard money lenders who took advantage of borrowers with sky-high interest rates and even worse junk fees. Things like application fees, activation fees, and risk fees tainted the product. The CARD Act cleaned up the business, and now top lenders, from Bank of America, Chase, Discover, and US Bank, offer worthwhile cards, with interest rates ranging from 11.65% to 24.99%, and reasonable, in-range fees.  Mastercard and Visa also came out with more rigorous standards for their franchisees. We peg the U.S. market at almost 5 million cards today, with the potential to embrace 500 percent more, given the number of low-banked, underbanked, and unbanked in the market. Working in credit for decades often brings friends and acquaintances with questions about “what is the best card for me to get?” Many times my answer is something along the lines of a Chase Freedom card, which I like because it carries an excellent reward st...

Kuala Lumpur, Malaysia- May 7th, 2019 - Last year, Thermaltake opened the TT Premium iCafe in

Kuala Lumpur, Malaysia- May 7th, 2019 - Last year, Thermaltake opened the TT Premium iCafe in Sunway Lagoon, Malaysia. One year later, Thermaltake is celebrating the grand opening of the TT Concept Store in Plaza Low Yat today – the biggest shopping mall for Computers and Electronics in Malaysia. To celebrate, Thermaltake held a grand opening ceremony, led by the TT Concept Store manager (founder of BrightStar), Thermaltake Asia Pacific Manager Allen Yen, and Thermaltake Malaysia Sales Manager Kuan. The TT Concept Store features a futuristic glass house design that emphasizes the lighting effects of the TT RGB PLUS Ecosystem. The liquid cooling gaming systems on show are all installed with Aorus, BenQ, Geil, Phidisk, XPG, Zotac, and Zowie products. Those in attendance were in awe with the TT Concept Store’s in-house light performance. The TT Concept Store is the first store in Southeast Asia to be fully stocked with high-end TT Premium liquid cooling products and case mod products. Customers can expect a premium gaming space, a reliable and trustworthy shopping experience, and excellent service from our professional sales staff at the TT Concept Store. Through the TT Concept S...