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Consumer delinquency still high, but slowing
July 24, 2009
Consumers are still buried in debt but may be starting to dig themselves out, said a recent report by Moody's Investor Service.
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Reuters reported this week that the U.S. credit card charge-off rate - a measurement of loans that are expected to be defaulted - is at an all-time high, but has shown the slowest rate of increase in six months.
However, small businesses might not be out of the woods yet, as Moody's expects the charge-off rate to keep increasing until it peaks in 2... -
Small businesses optimistic despite credit woes
July 22, 2009
Despite reports of increased difficulty with their business financing, many small business owners ar...
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Manufacturers cautiously optimistic, survey says
July 21, 2009
Despite feeling constrained by the lack of customer demand, U.S. manufacturing executives are optimi...
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ARC loan program performance called into question
July 20, 2009
The $255-million America's Recovery Capital loan program is reaching its one month anniversary, yet...
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SMBs scramble for alternative lending as CIT seems likely to...
July 17, 2009
Small businesses are waiting with bated breath to learn the fate of one of their leading lenders, CI...
