As more stringent capital requirements for non-prime lenders reduces the ability of companies such as The Metris Companies and Providian Financial to tap brokered deposits, access to liquidity is expected to become more restrictive, particularly for credit card issuers, according to Gimme Credit senior corporate debt analyst Kathy Shanley.

"I do think it's fair to say that the new capital requirements for bank subsidiaries of subprime lenders are making brokered deposits a less attractive funding source than they were over the past few years," Shanley said.

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