JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 07/26/11 — offers investors comprehensive research on the Credit Services industry and has completed analytical research on (NYSE: SLM) and (NYSE: DFS). Register with us today at to have free access to these researches.
Charged purchases climbed 10.7% in June on a year over year basis according to First Data Corp., providing a boost to several companies in the credit services industry. The increase in charged purchases stem from consumers reaching for their credit cards more often to buy basic items. Higher commodity and fuel prices in combination with weak job growth appear to be the catalysts behind the uptick in card usage. Card providers such as Discover Financial Services have benefitted from the increased use of credit cards. Investors looking for complimentary research on are welcome to sign up at for our new report.
is an online platform where investors doing their due-diligence on the Credit Services industry can have easy and free access to our analyst research and opinions on SLM Corp. and Discover Financial Services; all investors need to do is register for a complimentary membership at .
On the student loan side of the industry, growth has slowed as the economy stagnates. Several loan providers, like SLM Corp., are still maintaining solid revenues though. Efforts to reduce credit costs and operating expenses are helping to offset weakness in the economic recovery. Investors looking for free research on are welcome to sign up at for our new report.
Overall, the credit services industry is performing well despite the current economic slowdown. Any combination of improved employment, reduced inflationary concerns and lower fuel prices would likely create growth opportunities for the industry in the second half of the year. Register now at to have free access to our reports on the Credit Services industry.
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