Is the Private-label Credit Card Market in the US on the Rise?

The private-label credit card market in U.S., has witnessed ups and downs after the great recession of 2008. The number of private-label credit card (PLCC) took a nosedive in 2010, but after 2010, we have seen a steady growth in private-label credit cards in U.S. In 2012, the number of PLCC accounts exceeded the 175 million mark. At present there are more than 190 million PLCC accounts in US.

What is a private label credit card?

Private label cr ...

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