Dr. Joetta Forsyth Explains the Challenges of Getting a Credit Card in WalletHub

Dr. Joetta Forsyth, associate professor of finance, weighs in as an industry expert on the difficulties of obtaining a credit card in Wallethub. “Credit cards are difficult to get because it is difficult for the lender to seize collateral in the event of default,” says Forsyth, “and identity theft creates losses, both in terms of issuing cards to the wrong individual, and false charges on cards.” Read more