B 为什么正确？

问题如下：

For an issuer, which of the following outcomes is most likely afteroffering a credit card ABS?

选项：

A.

Increased cost of funding

B.

Increased income from fees

C.

Increased cost of default risk

解释：

The correct answer is B. A credit card ABS generates additional fee income.

A is incorrect because by removing the credit card debt from the balance sheet, ABS issuance improves capital efficiency and lowers the cost of funding.

C is incorrect as the ABS also reduces the cost of default risk from credit card debt.