...product available for that group. Q: Other than Dodd-Frank, is there anything else affecting banking?A: The (Consumer Finance Protection Bureau) for sure. They continue to struggle to write legislation for consumer protection, which I believe...
...credit, has declined for 16 straight quarters to $12.9 trillion in March, according to a separate Fed survey on consumer finances. That's down from $13.8 trillion in March 2008.Some of that debt has been removed by defaults, such as foreclosures...
...held by the average American household is dropping year after year, the Federal Reserve's most recent Survey of Consumer Finances shows that the median American family's net worth dropped 38 percent from $126,400 in 2007 to $77,300 in...
...as a percentage of after-tax income ? is at its lowest point since 1994, according to the Federal Reserve."Consumer finances are fundamentally healthier than they were," said Stuart Hoffman, the chief economist at PNC Financial Services...
...favorable fixed rates, then raising rates if the customers proved too risky, said Leigh Allen, the CEO of Global Consumer Finance Advisory. Now that lenders will have limited ability to change card agreement terms, Mr. Allen said they will...
...organization's analysis of the Federal Reserve Survey of Consumer Finances. That was the most recent survey available. And...population by the Federal Reserve Board's Survey of Consumer Finances in 2004, rates for blacks were higher than the general...
...and information." San-Francisco-based Wells Fargo provides banking, insurance, investments, mortgage and consumer finance. Reach Laura Youngs at (706) 823-3227 or laura.youngs@augustachronicle.com. THE LETTERS Letters sent...
...record highs before starting to decline in early 2000. The Fed's results were published in the 2004 Survey of Consumer Finances, a document that provides a comprehensive view of how Americans are faring on pocketbook issues such as incomes...
...Aug. 8, Dillard's announced it had agreed to sell it's credit card division, Dillard National Bank, to GE Consumer Finance. The price tag is $1.25 billion, which includes the assumption of $400 million of securitization liabilities...
...In addition, Target will sell Mervyn's credit card receivables, totaling approximately $475 million, to GE Consumer Finance, a unit of General Electric Co. Mervyn's, a middle-market department store with 257 stores in 13 states...
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