Quotes from the news wire:
We may see more consumers making a large purchase they had been putting off because it seems relatively more affordable, we'll likely see credit card rates decline by a small amount in response to the cut in the target federal funds rate. However, charge-off rates have been increasing over the past few years, which has also contributed to increased credit card rates among less credit-worthy consumers. So, I'd expect the effect to be more muted among those with low credit scores.
Found on Reuters 5 years ago
Quote of the Day Today's Quote | Archive
Would you like us to send you a FREE inspiring quote delivered to your inbox daily?
Citation
Use the citation below to add this author page to your bibliography:
Style:MLAChicagoAPA
"Dieter Scherer Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 21 Nov. 2024. <https://www.quotes.net/authors/Dieter+Scherer+Quotes>.
Powered by CITE.ME
Share your thoughts on Dieter Scherer's quotes with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In