Sentences with phrase «consumers borrowing more money»

Regardless of the reason for American consumers borrowing more money to buy a car than ever before — the simple fact is — they are.

Not exact matches

If consumers are tapped out or wary of taking on more debt, then bank credit can be expanded to the moon and households will not borrow more money.

Banks and other institutions could lend more money every time the Fed reduced rates, and this led consumers to feel more confident in borrowing more, but it stressed their actual financial system beyond repair in many cases, and it caused stress for those that didn't borrow because they felt priced out of the housing market.

«Consumers should keep in mind that the Fed will likely continue to boost interest rates, making it more expensive for banks and ultimately, the consumer to borrow money,» says Westley.

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.

The total revolving credit limit is calculated from the consumer's report and is an indication of that borrower's capacity to quickly borrow more money if needed.

They signal that a consumer is seeking to borrow more money.

The CFPB also seeks to better educate consumers about all types of consumer debt with the aim of improving decisions and, one presumes given the Bureau's genesis, help Americans grasp that borrowing more money than one can afford to repay tends to turn out badly, individually and nationally.

It also makes borrowing money more expensive, which affects how consumers and businesses spend their money; this increases expenses for companies, lowering earnings somewhat for those with debt to pay.

Household debt, in particular, has been climbing steadily in the past several years, due to low interest rates encouraging Canadians to buy homes, and consumer debt is also on the rise: In the fourth quarter of 2016, Equifax reported that 37 % of Canadians were borrowing more money.

Both consumers and business start borrowing more money.

When the aforementioned funds rate is held low, banks have more money they can readily lend and consumers can borrow at lower interest costs.

· Consumers also pay more to borrow money, which discourages them from buying cars, houses and everything that goes with them.

When you borrow money, the lender reports how you manage your payments to one or more of the three major U.S. consumer credit reporting agencies: Experian, Equifax, and TransUnion («the credit bureau»).

Consumers are always looking for quicker and more convenient ways of borrowing money, so peer - to - peer lending appeals to many borrowers who may not want to deal with the paperwork and processing time required when dealing with conventional financial institutions.

The article largely revolves around rising concerns about the ability of American consumers to continue propping up the global economy by buying ever more stuff with borrowed money.

Ryan and Louis discuss the direction of interest rates and inflation, the reluctance of the Fed to recognize the inflation threat, the impact of foreign countries raising their interest rates to combat inflation; the Fed's Vice Chairman Janis Yellen's view that inflation and the rise of commodities won't impact the «recovery», blaming rising global demand and disruptions of supply, not the easy money policy of the Fed; encouraging consumer confidence so they borrow more money to buy things they don't need to stimulate the economy, loan officer compensation, banks» use of Fed loans and banks» preference of trading operations over mortgage lending; credit squeeze; increased lending standards; the advantage of getting a low interest loan now before interest rates and inflation rates rise; the problems with Fannie Mae and Freddie Mac; the Democrats, Republicans and President avoid a government shutdown and what might have happened if it did; the $ 10 ′ s of billions of dollars saved in light of a $ 1.3 trillion defecit; the disconnect between buyers and sellers article in the Chicago Tribune; the HomeGain first quarter 2011 home values survey; the value of a quality Realtor in buying and selling a home; the HomeGain FSBO vs. REALTOR survey