Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Shoppers creativity to avoid debt is seminal CUNA tells IAPI
NEW YORK (12/21/09)--With the holiday shopping season running at full bore, consumers are being creative in how they spend and pay for items and services so they don’t run up card debt, the Credit Union National Association told The Associated Press Friday. The article was picked up by ABC News Friday. Consumers are paying with cash, with direct debits from bank accounts, by using layaway payment methods, by taking advantage of free financing and even by cashing in frequent flier miles, the AP said. Bill Hampel, chief economist at the Credit Union National Association, describes the consumer switch as “seminal.” “People are trying a lot of new behavior in how they're spending and how they are paying for it in response to a very scary economy,” he added. To read the article, use the link.
Other Resources

RSS print
News Now LiveWire
#FinancialLiteracyMonth Test your college financial aid knowledge @nasfaa http://t.co/xgrDmHaw8W
4 hours ago
Join @theNCUA #NCUAchat with @KenWortheyJr on April 23 from 11am to 12pm EST http://t.co/TnNmfFh4Nl #FinancialLiteracyMonth
5 hours ago
Maine's patent troll bill has become law. Read more in Monday in @NewsNowLiveWire
8 hours ago
Wash. DFI discusses serving legal marijuana businesses with @NWCUA http://t.co/3kw79HJUYF
8 hours ago
Both @CUNA @NAFCU urge extension of #RBC extension period http://t.co/FWMcvlwHPM
9 hours ago