Credit...into the '90s

Article Abstract:

There are several trends that will affect the personal retail credit market in the 1990s. Since 1987, customers have been showing a reluctance to acquire new debt and they have been making strong efforts to clear their current debts which could create a credit market downturn in the future. Other trends that are working against creditors include: decreasing deferred tax credits; increasing competition from bank cards; and increasing business costs. There are some good signs for the future of the retail credit market such as: strengthening of interest rate stabilization; increasing efficiency advancements; and increasing securitization of debts.

Bank credit cards, Interest rates, Debit cards

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Good credit - key to your future

Article Abstract:

The college years are the time to establish a good credit record by responsibly managing personal financial affairs such as a checking account. The three most common types of credit are consumer, commercial and investment. A good credit record illustrating a reliable personal credit history is essential to graduating students for they often lack a significant income stream or collateral with which to secure consumer loans.

Loans

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