Portfolio Acquisitions

Genesis acquires non-prime credit card or private-label card portfolios. Key features of our execution include short contract and closing periods coupled with a seamless transition of issuing and servicing.

Acquisition opportunities typically arise as a result of:

  • Account owners shedding non-core or underperforming segments of portfolios.
  • Pressure from regulators to exit a particular industry or credit segment.
  • Retail card issuers closing stores or exiting territories.
     

 

 
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