Dentac Billing Center LLC

Credit lenders began to change terms and approach to extending credit to consumers when the country became involved in the economic woes that are prevalent now ie; unemployment, foreclosures, consumer spending down, and credit ratings.
Recently, the lenders are taking a second look at borrowers, especially in the area of credit scores and re-evaluating some borrowers as an approach to increase their profits in the area of credit cards.  The lenders have experienced a dramatic decrease in the area of credit card profits and are looking for ways to bring it back to the past levels; of course the borrowers are the key area of focus and they have decided to take some risk by redefining the risky borrower.

The new category of borrower:
“Strategic Defaulters" ,  “First-time Defaulters” - Although both types appear to the lender to have the ability to repay, past
credit issues have caused problems with standard credit scoring and hits on that score have classified them as risky.

Interesting...more credit, more spending, better economy?
click on this link and read this interesting article I found in the New York Times relating to this new approach by the lenders.