Monthly Archives: March 2009

Credit Crunch Still Affecting Personal Finances

Posted on March 31, 2009 by admin

Abbi Rouse asked: The effects of the credit crunch are still having an effect on people’s personal finances and the country’s economy has not yet returned to its normal state, it has been claimed. Economist at the Centre for Economics … Continue reading →

Posted in Twelve Months | Tagged , , , , , , , , , , , , , , | Leave a comment

Consumer Finance Programs in the Current Economy

Posted on March 31, 2009 by admin

East Bridge Funding asked: With the credit markets tightening up everywhere, businesses are finding it difficult get customers approved for financing through their current consumer finance programs. Many of the big banks that are players in the retail finance industry … Continue reading →

Posted in Loans | Tagged , , , , , , , , , , , , , , | Leave a comment

How would you be affected if your credit limts were reduced?

Posted on March 26, 2009 by admin

Ted asked: According to the article linked to below, one analyst thinks that the credit industry is poised to reduce the liquidity of the American consumer by 2 trillion dollars through credit line reductions. Has this happened to you? Would … Continue reading →

Posted in Credit | Tagged , , , , , , , | 9 Comments

The Credit Crunch: a Wake Up Call for Consumers

Posted on March 25, 2009 by admin

Edward Jamison asked: Over the last several months we’ve seen our economy take a severe beating. It started with the mortgage meltdown and is now seeping its way through Wall Street, the stock market and straight toward the credit card … Continue reading →

Posted in Credit | Tagged , , , , , , , , , , , , , , | Leave a comment