Over 3 in 10 Cards Dormant

More than three in 10 credit cards are left unused after issuance as card firms compete to boost customer bases by easing screening of applicants, according to the nation’s card association Monday.

As of the end of June, the number of unused credit cards came at 13.4 million, up 2.9 million from 10.54 million six months ago.

The ``dormant’’ cards accounted for 36 percent of all issued cards, rising 5 percent from the end of 2005, according to the Credit Finance Association (CFA), which represents the interests of card firms.

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