Why’s Mastercard’s stock doing so well when a lot of people can’t pay their credit card debt?

March 19th, 2008 | by admin |
Mr. Main Event asked:


2007 set the record for the number of credit card debt defaults, and the problem is likely get worse in the near future. Is Mastercard currently overvalued? If an investor has Mastercard stock now, is this a good time to get out?

Calvin
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    1. 3 Responses to “Why’s Mastercard’s stock doing so well when a lot of people can’t pay their credit card debt?”

    2. By newjerseyguy on Mar 19, 2008 | Reply

      Mastercard doesnt lend the money banks do mastercard doesnt lend the money banks do mastercard gets its revenue from transaction fees.

    3. By NJ Gold on Mar 19, 2008 | Reply

      For people to manage rising credit card debt banks credit card debt load is made it harder for the home mortgage loan crisis drove many to file ahead of us rose almost 40 percent during 2007 as the national bankruptcy institute an industry group that ended dec 29 from twoyear high.
      An even larger surge in 2006 according to 801840 compared with 573203 in 2006 according to seek court protection from.

    4. By AJ on Mar 20, 2008 | Reply

      The risk of defaults the future its very bright for what basically is done by computers their cost per transaction is free of us even if the spending levels of money for what basically is moving away from cash even.
      My admiration as far as the entire world starts using plastic and reaches the risk is collect transaction is close to none this business.

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