ATLANTA - First Data Corp. announced that it will begin processing cards next month for Home Trust Co., the principal subsidiary of $738 million-asset Home Capital Group Inc. of Toronto.

Home Trust, which already offers subprime mortgages to consumers, plans to issue secured Visa cards to Canadians whose questionable credit histories have precluded them from obtaining credit cards in the past.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.