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October 4, 2012
It is not all good news. we learned that more americans were overdue on home equity, home improvement, and car loans. economists say amid the weak jobs picture, our debt problems are not going away any time soon. gerri willis from the fox business network is live in our new york new york studio. >>gerri: there is good news. consumer delinquency, all kinds of debt, fell to a low. as you mentioned, it was credit card debt from batches that fell the most. that is very good news. chief economist is ...
April 8, 2010
About the last statistic because long spells of unemployment erode skills and lower the longer term income and employment prospect of the wo workers. >> numbers released today by american banker association showed the consumer delinquency on the debt fell for the second quarter in a row. once again, analysts see consumer and lenders uncertain over their future. >> banks work every day to make credit available in their community. its harder when there are policies that act to constrain the credit...
April 7, 2010
February of this year, but a leading economist for the american banking community was optimistic. >> it did rise in january. i think its likely to be rising over the next couple of months, because theres more security now, as savings are greater, wealth is rising in the stock market as well. so i think well start to see the trend that we saw over the last year decline ing balances that start to increase over the course of the year. >> the american banking association, at least its -- released it...
April 7, 2010
About the last statistic because long spells of unemployment erode skills and lower the longer term income and employment prospect of the wo workers. >> numbers released today by american banker association showed the consumer delinquency on the debt fell for the second quarter in a row. once again, analysts see consumer and lenders uncertain over their future. >> banks work every day to make credit available in their community. its harder when there are policies that act to constrain the credit...