Now Available: Consumer Lending in Japan
Japanese consumers continued to take out more loans in 2013. This was largely driven by credit card lending in card lending. Card companies in Japan remained active in giving cardholders discounts and reward points to promote card spending/lending. Cardholders enjoyed a seamless transaction experience and widespread credit card acceptance at large retail chains as well as the growing e-commerce sites. As credit card debt in Japan is largely paid off in the next month due to consumers' fear of...
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