US Household Saving Rate Vanishes, Credit Card Debt Soars
By Daniel Lacalle The United States consumption figure seems robust. An 0.9 percent rise in personal spending in April looks good on paper, especially considering the…
credit cards
Shocking Consumer Credit Numbers: Everyone Maxing Out Their Credit Card Ahead Of The Recession
By Tyler Durden While it is traditionally viewed as a B-grade economic indicator, the April consumer credit report from the Federal Reserve was another shocker…
Shocking Consumer Credit Numbers: US Credit Card Debt Soars Most On Record With Savings Long Gone
By Tyler Durden While it is traditionally viewed as a B-grade indicator, the November consumer credit report from the Federal Reserve was an absolute stunner…
Carbon Calculator Credit Card Lets You Know If You Exceed Your “Personal Carbon Allowance”
By Jeff Thompson 2021. Have you checked your Personal Carbon Allowance allotment lately? No, really. Discussions floated around within various “academic” journals expressing the need…
Consumers Are Likely Running Out Of Cash And Available Credit To Power The Economy
By Mac Slavo The rampant consumerism in our society is what many say is driving the economy right now. But according to data points, many…
Capping Interest Rates On Credit Cards Will Lead To Kneecapping
Capping credit card interest rates could lead to worse outcomes for risky borrowers. By Steven Maxwell At first glance credit cards with high interest rates…