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Thread: Bonus points to enroll in Extended Payment Option [USA]
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Old Aug 25, 2010, 10:20 am
  #19  
mia
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Join Date: Jun 2003
Location: Miami, Mpls & London
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Originally Posted by 4aks
... this allows them to categorize your monthly spend in a way that allows them to package into short-term security...
As a matter of interest, in 1992 American Express evidently securitized charge card receiveables...

http://hbr.org/product/lehman-brothe...293121-PDF-ENG
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