To Card Services department:
Most of us from Home Lending transferring to Card Service
With the interest rate rising
Are your super busy?
5 replies (most recent on top)
Can there be layoffs in card disputes near future ??? All sites any one site??
Might throw you into card disputes they are busy & hiring.
I moved to cards , they stated no volume. My educated guess is recession is strong possibility if not already taking place which will cause an increase of cards applications and further declines. I will also assume The approval metrics might be beefed up and cause more review volume as well.
Don't believe Jamie's comments about the "Strong consumer." Also, don't believe the laughably low default rates reported in Cards in past quarterly earnings
If you work in Cards, you will be dealing with defaulting card accounts. It's escalating quite rapidly. Once we saw people charging much more gas/groceries on cards, we knew where this was headed.
We are not super busy however... Our business is picking up and we are marketing more. I'd expect the business to pick up.