Luxury Slump
Friday, January 30, 2009 by Staff
This poor economy is taking its toll worldwide at alarming rate, not only the U.S needs a stimulus package plan, but it looks like U.K needs to start a package plan as well. Porsche is starting to announce their layoffs and starting to shut down production because of it sales loss in the last 6 months or so.
When is come to luxury, the car makers are pushed to cut production in response to a slump in sales? * Euro zone inflation plunges, while the jobless rate rises * Dexia announces job cuts and a record loss * British mortgage lending picks up from a record low * The UK’s credit card debt drops * The trouble’s decline is testing…
Credit Card Charges
Friday, January 30, 2009 by Staff
When was the last time you’ve looked at your credit card bill? Some viewers have been surprised by an increase in their required minimum monthly credit card payments, and the addition of a monthly service charge.
You can also beware that credit cards company are not rising credit limits either, because of the bad economy they’re holding back so they won’t get hit bad for delinquents payments and slows pays, there a lot of people in the employment lines today that has high unpaid balances on their credit cards and credit cards firms are feeling it.
Spending Habits
Friday, January 30, 2009 by Staff
Consumers are starting to understand by getting loans for like an Apple Mac Book that would start between 1800 to 2500 dollars, for the average families are starting to understand to be able get a costly item they would have to be able to add it their budget book, even so, they would be able to get something like a Mac Book finance, there still have to be able to spend that extra monthly payment which would be anywhere from 41.00 or more a month.