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Tag Archives: credit crunch

Before crash, we spent more, but liked it less

Matt Schulz

Consumer confidence and consumer spending had generally walked hand in hand over the past 30 years — sometimes rising, sometimes falling, but rarely straying too far from one another. That all changed somewhere in the middle of this decade, according to a new essay from economists with the Federal Reserve Bank of Chicago.
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Old credit smarts, new credit smarts

Emily Crone

On this date in 1791, after much debate between America’s founding fathers, The First Bank of the United States opened in Philadelphia, which helped build the U.S. economy. If only one bank could solve our problems today!
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Emily’s list: World Television Day edition

Emily Crone

It’s World Television Day, so join us in Taking Charge’s weekly credit card roundup, where we celebrate wonderful, entertaining, mind-numbing television.
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Credit card issuers cut TV advertising

Julie Sherrier

It shouldn’t come as a big surprise that the current credit crunch will be limiting our exposure to oft-repeated, memorable and often spoofed credit card commercials. According to Advertising Age and Nielsen (the world’s leading provider of marketing information), credit card advertising slipped a whopping 24 percent in September.
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Will cash become king again?

Julie Sherrier

What the credit landscape will look like in the coming years is anyone’s guess, but experts warn that those with good credit will find access to it harder to come by and those cash-strapped consumers relying on credit to get by will get hit even harder.
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