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                    [ArticleID] => 191357
                    [Title] => Guaranteed credit
                    [Summary] => In theory, MMO Card Corp. shouldn’t have lasted a year, much less 26 years. Most of its cardholders do not meet the minimum income requirement of bigger credit card companies. Nor is the company backed by a financial institution.


And yet, MMO currently has a  cardholder base of 51,000 with a lower default rate than many  bank-backed card companies. Its card is also accepted in 350 boutiques and shops in and around Metro Manila, including the upscale Rustan’s Department Store chain.   


                    [DatePublished] => 2003-01-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1302796
                    [AuthorName] => Ella Mangabat
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
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MARLYN ORTIZ

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                    [ArticleID] => 191357
                    [Title] => Guaranteed credit
                    [Summary] => In theory, MMO Card Corp. shouldn’t have lasted a year, much less 26 years. Most of its cardholders do not meet the minimum income requirement of bigger credit card companies. Nor is the company backed by a financial institution.


And yet, MMO currently has a  cardholder base of 51,000 with a lower default rate than many  bank-backed card companies. Its card is also accepted in 350 boutiques and shops in and around Metro Manila, including the upscale Rustan’s Department Store chain.   


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abtest

Guaranteed credit

By Ella Mangabat | January 13, 2003 - 12:00am

In theory, MMO Card Corp. shouldn’t have lasted a year, much less 26 years. Most of its cardholders do not meet the minimum income requirement of bigger credit card companies. Nor is the company backed by a...

Business As Usual