NEW DELHI, INDIA--(Marketwire - Nov 5, 2012) - The credit services industry is currently in the midst of an uneven recovery, though the overall feeling is of an industry on the rise. Several companies have been turning in strong quarterly reports, while others have seen their asset quality take a turn for the worse. A recovery U.S. economy bodes well though, and continued success at home could help the industry and companies such as SLM Corp. as well as Capital One Financial Corp. The Credit Services industry has seen the above updates lately. And members can today access complimentary reports for two companies, SLM Corp. (
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On the plus side, charge-off rates have been falling for select companies in the industry. As the economy improves and customers are better able to deal with their financial obligations, companies could see charge-offs decline even further. Acquisitions have also led some companies higher, and those that can integrate their acquisitions smoothly could outperform their peers. Street-Wire.com posted financial analysis on Capital One Financial Corp. today, members can access it at
While the industry has a lot going for it there are also some headwinds. Competition in the industry remains fierce, and the economy is still on shaky ground. That being said, companies like Sallie Mae that can navigate the challenging times successfully could see solid improvements heading into 2013. SLM Corp. financial analysis available by signing up for free at
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Anthony K. Merchant