JPMorgan Chase & Co. was expected to sell a $1 billion credit card loan-backed deal Monday, a person familiar with the matter told Dow Jones Newswires.

The self-led deal, which comes on the heels of a Citigroup Inc. credit card loan-backed deal sold Friday, is also ineligible for the Federal Reserve's Term Asset-Backed Securities Loan Facility, or Talf, whose intent is to help the securitization market.

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