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| News |
January auto loans drive a rare rise in consumer borrowing (Denver Post)
Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit- card borrowing.
Auto Loans Lead Rise in Borrowing (The Lakeland Ledger)
By MARTIN CRUTSINGER THE ASSOCIATED PRESS WASHINGTON | Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit card borrowing. The small gain, the first in nearly a year, could be a signal that Americans are regaining confidence in the economy.
Consumer protection agency for financial products presents classic drama (Knoxville News Sentinel)
One of the most contentious issues in Congress, after health care, is the proposed creation of an independent consumer protection agency for financial products such as bank accounts, credit cards, mortgages and some student and auto loans.Many Democrats and consumer groups say the Federal Reserve and other regulators were so focused on bank profits and balance sheets that they allowed the spread ...
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