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Stories for Thursday, October 8, 2009
Rate of borrowing drops for seventh consecutive month
CLARKONOMICS: Americans are a doing great job handling money, according to new figures from the Federal Reserve. The Wall Street Journal reports that the amount we borrow as consumers has dropped for seven months in a row for the first time since 1991. Credit card debt is down 13 percent. ...
Websites/phone numbers mentioned:
CouponMom.com - Get free coupon tips and strategies FDIC.gov - Vet your bank's FDIC coverage BankRate.com - Find the best CD rates and more
Coupon use up by 25 percent
Coupon use for the first half of 2009 is up by 25 percent, according to a recent New York Times report. Americans are on track to redeem some 3 billion coupons this year. By comparison, we redeemed 8 billion during the recession of 1992. The use of coupons was frowned ...
Wells Fargo's double whammy on credit cards, HELOCs
MONEY-SAVING MOMENT: Wells Fargo is planning to raise interest rates on credit card customers across the board by November 30. They're rushing through an increase before a new federal ban on raising rates on existing balances goes into effect December 1. So what does this mean to you? Well, the ...
Ultra soft toilet paper a hazard to the environment
Clark's mind is in the toilet with thoughts on the underlying costs of ultra soft toilet paper! The consumer champ has seen several newspaper articles about environmentalists being upset over the marketing push for ultra soft toilet paper. The production of this bathroom tissue requires that old growth trees be ...
