

Advanced analytics, including machine learning and artificial intelligence, has been embedded in the Company’s underwriting and collections capabilities, improving both approvals and credit performance.

Since its launch in 2013, Mercury® Financial has developed a differentiated and proprietary understanding of the goals and ambitions of the near-prime customer. Credit cards now represent the dominant form of payment in the U.S., and their importance is evident in recent consumer behavior as the digital economy accelerates. The Company’s shareholders recognize the enhanced market opportunity as the utility of a credit card has fundamentally shifted since the last recession. The Company also recently secured $100 million in incremental capital to support accelerated acquisition of new card accounts and expansion of the platform. “This transition marks the next step in the evolution of our business.” As Mercury® Financial, we will continue to develop new ways to offer fair access to more credit card solutions to this large, historically underserved population,” explains James Peterson, CEO of Mercury® Financial.

“I am inspired by our purpose of helping improve the lives of so many hard-working Americans, who deserve better credit. We use the power of data and the insights it provides to give customers the information and tools to help them make better credit decisions. Our products, rates and services are simple and intuitive. The Company’s new purpose-driven mission is “To help our customers manage their credit responsibly, so they can enjoy the benefits of having better credit and better lives.” We responsibly say yes to as many people as possible. re-brands following the record growth of its flagship offering, the Mercury® Mastercard®, and the introduction of its purpose-driven mission to its near-prime customers. The largest non-bank credit card company in the U.S. & AUSTIN, Texas-( BUSINESS WIRE)-CreditShop Holdings LLC (CreditShop) announced the Company has officially changed its name to Mercury® Financial Holdings LLC (Mercury® Financial). You also have the option to choose Monthly or Daily card spending limits.WILMINGTON, Del. Once you are done there, select save and your new limit will be applied going forwards.

If you ever need to change this, you can head to More Options > Edit Card Limits and then input the new limit you would like. When you initially set-up your card, you will have placed a limit on the spending available. Please note that this cannot be undone! Edit Card Limits Need to cancel your card? No worries! Select More Options > Cancel Card and confirm that you would like to cancel the card. Tired of just your regular name showing up next to your card and want to name it something super cool? You can do this by selecting More Options > Edit Card Nickname and you can name the card something practical like "Marketing Spend" or something fun like "The Coolest Card". Once you are done, select Enter and you will be all set! Edit Card Nickname To change your PIN, select More Options > Change PIN. From here, you will be prompted to enter in your new PIN. Once you have located it, you can select Unfreeze to bring it back to its original state! If you have lost your card, you can select Cancel! Change PIN This will prevent the card being used and any charges being processed while you locate it. Maybe you have misplaced your card? You're sure it is around the house somewhere but to have a little peace of mind while you look, you can freeze the card directly from your account.Ģ. We have a few ways that you can adjust your debit card direct from your Mercury account online and through our app! Freezing a card
