With
the easy availability of credit cards and the hefty costs of tuition, now millions of people have debt problems.
Once they are in college, many students quickly rack up a bad credit score due to
the easy availability of credit cards.
Easy availability of credit in the US, fueled by large inflows of foreign funds after the Russian debt crisis and Asian financial crisis of the 1997 — 1998 period, led to a housing construction boom and facilitated debt - financed consumer spending.
There are the usual suspects:
easy availability of credit, use of credit in periods of reduced income, temptation to spend, etc..
Not exact matches
However, the greatest difference will be in the
availability of credit going forward, and those who try to explain real estate prices in Canada without acknowledging the role
of easy, accessible
credit over the past ten years or so have completely missed the boat.
Benefits — Each family / real estate investor keeps average $ 600 / mo for 2 yrs, real estate in all major metropolitans will have a traded price, increase buying power
of low income high
credit citizens, stimulate real estate investment by making it
easier for investors to cash flow a rental property, reduce home inventory, the increase home values and liquidity provides incentive to put the $ X trillion in capital currently on the sidelines back to work and mortgage prepayments will increase capital
availability.
Both the perceived change in
credit availability compared to a year ago and one - year ahead
credit availability expectations improved in September, with a larger fraction
of respondents reporting
easier credit conditions.
Other specific factors to have contributed to the CPI increase over the past year have been large increases in insurance and tobacco prices, much
of which were tax - related, and house purchase prices, which have been partly driven by strength in housing demand attempting to avoid the GST (and accommodated by
easy credit availability).
Easier access to
credit and greater debt
availability have helped many Americans afford major purchases such as homes, which have strengthened the asset side
of their balance sheets, as well as college degrees, which have become increasingly necessary in the competitive labor market.
The
availability of easy credit and
credit cards for everyone had reduced the demand for layaway services and most retailers had closed their layaway departments, but with the economic situation facing the country today, many consumers are putting away their
credit cards and opting for a low cost layaway program instead.
They just didn't realize it — instead they fell hook, line & sinker for the politicians» lies, the illusion cast by inflation and the
availability of easy credit.
Only after the dreadful global
credit crunch
of 2007 to 2009 had devastated
credit availability and forced both lenders and borrowers to change dramatically their
easy borrowing and lending practices did this declining savings rate trend reverse.
Keeping track
of what
credit card is best to use at which location, finding award
availability across a variety
of carriers and finding the best deals when paying based on the cash rate are all made
easier with some
of the great tools out -LSB-...]
One can compare benefits
of both policies based on aspects like
availability of loan, surrender value, tax benefits, death benefits, etc. for
Easy Retirement and Edelweiss Tokio Group
Credit Protection.
One can compare benefits
of both policies based on aspects like
availability of loan, surrender value, tax benefits, death benefits, etc. for
Easy Retirement and HDFC Life Group
Credit Protect Plus Insurance Plan.
One can compare benefits
of both policies based on aspects like
availability of loan, surrender value, tax benefits, death benefits, etc. for LIC Group
Credit Life Insurance and
Easy Retirement.
Consumers expect positive changes to come in terms
of credit availability, with 22 percent
of those recently surveyed by the Federal Reserve Bank
of New York reporting it
easier to obtain
credit next year.
Factors like interest rates, lending standards that set requirements for income, debt and
credit history and the
availability of mortgage
credit can affect demand for homes by making it
easier or harder for buyers to get financing.