Tag Archives: consumer borrowing

Retailer Tricks That Only Pretend to Save You Money

No doubt about it, retailers have been hit hard by the reduction in consumer spending. But a few new trends in retail marketing could lead even the savviest shoppers into a financial trap. MSN Money columnist M.P. Dunleavey wrote last week about the way outlet malls use psychology to seduce consumers into paying more for [...]

Consumer Borrowing Plummets

New numbers released by the Federal Reserve on Tuesday show that consumer borrowing decreased for the sixth consecutive month in July. A Wall Street Journal article notes that consumers are distancing themselves from debt both “by choice and by force, reflecting a combination of the thrifty attitude and tighter lending conditions that have defined the [...]