Better Private Label Option Than Predatory Household
LIVINGSTON, N.J., June 1 /PRNewswire-FirstCall/ — CIT Small Business
Lending Corporation, the nation’s No.1 Small Business Administration lender
for the last five years and a subsidiary of CIT Group Inc. (NYSE: CIT), today
announced that it entered into a marketing agreement with MBNA America to
provide private-label credit card services to CIT Small Business Lending
customers throughout the U.S.
“Competition is great when it provides an option other than predatory credit card lending” said Household - HSBC Watch.
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