Posts Tagged ‘Consumer’

Consumer Reports Poll Uncovers How Americans Spend Holiday Season

Ayinde O. Chase – AHN News Editor Yonkers, NY, United States (AHN) – A new Consumer Reports holiday shopping poll has found that the average American expects to spend about 42 hours buying, wrapping, and returning gifts, as well as partying and traveling to visit family and friends during the 2010 holiday season. “When you [...]

Student loans push consumer credit up

Consumer borrowing increased in September for the first time since January even though the category that includes credit cards dropped for a record 25th-straight month. The rise in credit came from the category that includes student loans. View full post on All Stories

US bankers warn loans are not being met

With the US economy continuing to struggle, bankers have revealed consumer loan delinquencies rose for the first time in the last four quarters. View full post on All Stories

Expanding Federal Regulation of Private Student Loans

In a vote last month that fell for the most part along party lines, the House Financial Services Committee approved the creation of a Consumer Financial Protection Agency, which will expand federal oversight of nonfederal private student loans. At the same time, the committee rejected a proposal that would have included school-sponsored “gap loans” under [...]

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