Card Briefs: Gateway in Deals for Private-Label Credit

Gateway, the computer maker and distributor, has signed private-label card deals with SPS Payment Systems, a subsidiary of Associates First Capital Corp., and with Household Retail Services USA, a unit of Household International Inc.

SPS and Household are to offer consumer card services to Gateway customers. Gateway also signed business-financing deals with CIT Group and Copelco Capital.

Gateway has 153 stores in 39 states, but most of its merchandise is sold via Internet or telephone. SPS and Household offer instant loan approvals to Gateway buyers who use these media.

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