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Selling loans to people with questionable credit was a popular trend over the past few years.
So far, the bank has contacted 20,000 customers with questionable credit cards.
AMERICAN banks have gotten into some trouble making subprime loans to housing buyers who have questionable credit.
Roughly three trillion dollars of this questionable credit is set to mature in the next five years.
In the course of resolving that matter, regulators became aware of JPMorgan's questionable credit to Lehman, a person briefed on the matter said.
Many now sit in complex products with the same questionable credit ratings.Banks have to worry about more than just the fancy asset-backed stuff.
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The potential that Bank of America may submit questionable credits under the settlement points to a flaw in its design, Mr. Rao, the consumer law advocate, said.
(Remove questionable credits from both numerator and denominator).
(Remove questionable credits from both numerator and denominator). Answer: 30 days.
Reviewing her financial statements each month can alert you to questionable checks, credit card charges or large withdrawals.
Still, it's questionable how much credit Morgenthau deserves for this transformation.
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