Banks start soliciting subprime credit card borrowers - KWWL - Eastern Iowa Breaking News, Weather, Closings

Banks start soliciting subprime credit card borrowers

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WATERLOO (KWWL) -- Credit card issuers are starting to go after less than perfect customers.

A growing number of banks are offering cards to the best of subprime borrowers.

That means those with credit scores between 620 and 660.

Cardhub.com, a credit card comparison site, says the number of offers to that group has gone up 300 percent since June.

And analysts say the offers for subprime consumers are just beginning.

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