How The Credit Card Securitization Process Works

If you’ve ever wondered how the credit-card securitization process works, you’re in luck. Paddy Hirsch, a senior editor at Marketplace, does an excellent job — in a video — of explaining how the credit-card securitization process takes place. Most people have heard about securitization, but most people don’t know how it works. If you have a murky understanding of the securitization process, then this video is for you. Hat tip: Mary Pilon, the Wall Street Journal.Paddy Hirsch Explains The Securitization Process