Consumers took advantage of the rates, rolling up loads
of cheap credit for consumer loans, mortgages and student debt.
When you're in debt and your credit rating has hit rock bottom,
cheap credit repair sounds like a dream come true.
High
on cheap credit, we were spending too much and producing stuff we could not really afford.
For decades, American policy makers have been pulling tomorrow's sales into today by
using cheaper credit, but the efficacy of such policies has been pretty much exhausted.
Ultimately, if setup fees plus interest rate equal savings, then it's worth considering consolidating what you owe
into cheaper credit lines.
On top of that,
cheap credit helps people to buy a property because borrowing money is cheaper.
Residential construction and renovation are at peak levels
while cheap credit is driving housing prices up.
Governments needed low costs and high returns from infrastructure projects / deals, while PE fund mind - sets and
cheap credit justified ever - escalating prices.
Many of our favorite intro - APR new purchase deals, such as the ones listed below, also come free from annual fees, making them
truly cheap credit cards.
Today's car purchases depend more than ever on a steady supply
of cheap credit.
It has no category bonuses so you only earn 1 Membership Rewards point for every dollar you spend and you can do better than that with dozens of other,
cheaper credit cards.
Banks need to lend to small and medium sized businesses so we are creating the National Loan Guarantee Scheme that will provide # 20bn of
cheaper credit for small businesses.
Replacement of the real, sustainable wealth which is generated by the manufacturing and export of goods, with the illusory, temporary wealth effect which is enabled
by cheap credit and consumption.
So if you want to shrug it all off and keep wallowing
in cheap credit, you can quote the pros.
We are hooked on
cheap credit just as Wimpy was hooked on Friday's burgers,» he said, referring to Wimpy from the Popeye cartoons.
«Based on the distortive effect of stimuli and bailouts, our economy has adapted to a climate
where cheap credit is plentiful,» Schiff told clients recently.
Some have taken issue with the notion that
cheap credit alone is responsible for Vancouver's exorbitant home prices.
«All these folks buying automobiles on
pretty cheap credit, surely that's helped put people back to work,» said Kohn, Fed vice chairman from 2006 to 2010 and who now works at the Brookings Institution, where Bernanke also holds a position.
Angered by the striking success of Japanese industry, U.S. officials asked their compliant Japanese counterparts to raise the yen's exchange rate so as to make its industrial exporters less competitive, and in due course to flood its own economy with credit so as to lower interest rates, thereby enabling the Federal Reserve to flood the U.S. market with
enough cheap credit to give a patina of prosperity to the Reagan Administration.
Square is a
significantly cheaper credit card processor for businesses where the average sale is below $ 20 - $ 30, at sufficiently low sales volumes.
Cheap credit makes the value of equity less volatile, hence a tightening of credit conditions will lead to higher equity volatility.»
The IPO market has roared back to life, and
spectacularly cheap credit on offer from the bond market have created opportunistic conditions for merger and acquisition activity which could define the year ahead.
The battle with Unite, and Miliband's proposed reforms to the union relationship, are set to reduce their income by several million quid a year; the Evening Standard reports that the party still owes # 7 million dating back to the «loans for lordships» scandal in 2006; and there is a growing row about the millions of pounds worth of
extraordinarily cheap credit Labour obtained from the crisis - stricken Co-Op Bank.
Not only do some lenders use your score to determine your interest rate but even some non-lenders also use your credit score to determine prices like insurance companies, landlords, utilities, etc... We have lower insurance premiums because of our score, get access to
super cheap credit easily, and gained access to premium travel cards.
That's why central banks like the Fed act to smooth out these economic cycles by lowering interest rates when times are tough (boosting investment
through cheap credit) and raising them when growth picks up again (curbing excessive optimism by making credit more expensive).
Additionally, by providing easy,
cheap credit nationally, Gillibrand aims to destroy the payday lending industry, a dream Warren and former Consumer Financial Protection Bureau Director Richard Cordray never realized.
You may not
notice cheap credit card skimmers disguised as normal places to swipe your card when you travel abroad — but if you have an EMV chipped card, you have less to worry about.
Buttressed
by cheap credit and a strong demand for steel, Mittal was on top of the world.
When borrowing is cheap, firms will take on more debt to invest in hiring and expansion; consumers will make larger, long - term purchases
with cheap credit; and savers will have more incentive to invest their money in stocks or other assets, rather than earn very little — and perhaps lose money in real terms — through savings accounts.
Phrases with «cheap credit»