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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Yulya who wrote (99177)7/1/2009 11:48:39 AM
From: mishedlo1 Recommendation  Respond to of 116555
 
Voluntary and Involuntary Credit Card "Attitude Adjustments"
globaleconomicanalysis.blogspot.com
In the course of this recession, consumer attitudes towards spending have changed. So have banks' attitudes towards lending.

In regards to consumer spending and credit cards, some consumers have had a voluntary attitude adjustment. Others have had an attitude adjustment thrust upon them. Several articles will show what I mean. ...
Mish



To: Yulya who wrote (99177)7/1/2009 2:00:16 PM
From: benwood  Read Replies (1) | Respond to of 116555
 
Are you saying they will have a balloon payment at the end, which will now come many years sooner than previously?


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