USA Today reported yesterday that more consumers are turning away from credit cards. Revolving credit decreased at an annual rate of 13 percent, according to a Federal Reserve Report issued February 5, 2010. Revolving credit is usually defined as debt incurred through the use of credit cards. Three major card issuers, Discover, Citibank and American [...]
Entries Tagged as 'undocumented workers'
Do-It-Yourself Credit Cards Hit Market
February 10th, 2010 · No Comments · Credit Cards
Tags: american express·Citibank·Credit Cards·Discover·Interest Rates·revolving credit·rewards programs·undocumented workers·Zync
Is Illegal Immigration a Factor in the Credit Crunch?
August 12th, 2008 · 2 Comments · Economy
With more than 12 million illegal immigrants estimated to be living in this country, it’s certainly a question worth posing. Determining the impact of illegal workers on unemployment rates, healthcare costs, and other social and economic sectors is difficult enough, due to the nature of them being “undocumented”. There are numerous arguments both for and [...]
Tags: Credit Cards·Credit Crunch·Credit History·illegal immigrants·illegal immigration·Mortgages·undocumented workers
