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US financial situation doesn't appear to instill frugality

clock May 11, 2012 08:15 by author Sean Albert
The financial situation for U.S. consumers is one of tepid enthusiasm. While the credit market certainly favors consumers over businesses, debt levels are rising quickly. For debt collection agencies, the trend has led to an increase in service demands, but a broadened regulatory environment has made recovery efforts difficult.In a recent post for ... [More]

Payday lenders must monitor communications

clock April 24, 2012 09:30 by author Sean Albert
When making the foray over to new technological devices there are certain regulations loan businesses need to be aware of. [More]

Spending picks up but market uncertainty remains

clock April 17, 2012 09:30 by author Sean Albert
Despite a slowdown in job creation last month, U.S. consumers appeared to have spent more last month, suggesting the economic recovery is progressing at a steady pace on par with recent months. The Deloitte Consumer Spending Index increased in March, marking only the third monthly gain over the past year.Specifically, real incomes declined by 0.1 p... [More]

Credit issuers debate health of card market

clock April 12, 2012 13:15 by author Sean Albert
Should credit card companies increase offers to consumers? That is the question plaguing many in the industry, as recent consumer trends have been difficult to measure.On the one hand, the economy is improving, and Americans are spending more. However, debt levels are rising and there are few indications that employment trends are sufficient to exp... [More]

Surge in consumer confidence bodes well for alternative credit market

clock April 4, 2012 12:00 by author Sean Albert
Consumer sentiment increased significantly in March to reach the highest level in more than a year. [More]

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