$40 Late Fees – New Normal for Credit Cards
Welcome to the new normal of $40 for late fees for missing your credit card payment due date. Over the past two years, the …
Sideways Consumer Confidence Set to Shift
The sideways consumer confidence will finally produce oodles of more certainty as the nearly $2 trillion “Really Big Stimulus” package quickly passes through the …
Household Debt Ratios Quickly Sink to New Lows
Household debt ratios for the third-quarter plummeted to levels not seen in more than 40 years. The Financial Obligations Ration (FOR) dropped 100 basis …
Consumer Confidence Calamity Lurks Despite Dec Bump
Consumer confidence calamity rebounded a tad in early December with the prospects of a long-delayed stimulus package being passed before the holiday break, the …
Third-Quarter Card Debt Sinks as Stimuli Runs Dry
Third-quarter card debt is expected to take a big hit as the waning impact of one-time consumer stimuli payments, and reductions in unemployment supplemental …
Coronavirus Disruptions Send Spending to the Abyss
Coronavirus disruptions to everyday life are spreading rapidly as fear and anxiety grip consumers, business-owners and investors. The amplification of misinformation via social media …
Spending Confidence Holds in Feb for U.S. Consumers
The University of Michigan Survey of Consumers found spending confidence by American consumers increased slightly in February. The coronavirus was mentioned by 8% of …
Savings Secrets You Can Unlock Using Your Noggin
Savings secrets do not exist in Europe and Asia, but in the good ole U.S.A trying to put together a savings jar of $400 …
Coronavirus Claims, Love Scams & Blue Sneakers
Coronavirus claims for travel disruption takes off, as thousands of Americans fall victim to love fraud, beating robocallers at their game, and the economy …
Small Business Grapples with Uncertainty
Small business challenges for 2020 will not be easy as more than eight of ten owners indicate attracting new customers is their biggest problem, …
