Many credit card processors appear to be good, solid, and reliable. Store brand credit cards such as Best Buy or Levitz credit cards for example, appear to be a good deal. Store branded credit cards are known as private lable cards. The truth is most people already have a credit card and private label cards are losing appeal. Credit card processing is competitive, thus some may be looking for ways to make more from you. Mortgage companies such as Ameriquest and HSBC - Household International have been sued as predatory lenders, so a move into the credit card market is a logic step. But everthing may not be as it appears.

 

Here are indicators of predatory credit cards and predatory lenders processing those cards