The Washington Independent

Monday, May 28th, 2012

Posts Tagged consumer credit

What It Looks Like When Your Car is Underwater

By | 02.13.09 | 8:49 am

Kathleen Keest over at Credit Slips gives the most concise explanation yet of why a worrisome percentage of car owners are underwater on their auto loans – and how that big problem affecting the economy is being overlooked.

Lots of people think that when they trade in their old More…

The End of Retail Therapy?

By | 11.04.08 | 9:25 am

In this deteriorating economy, wealthy people who used to spend their money freely on exotic vacations and $8,000 Birkin bags supposedly are cutting down their conspicuous consumption and trying to be more environmentally sensitive at the same time, The Wall Street Journal says today.

If that’s true, it would More…