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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... -
SMBs should look inward to survive recession
July 23, 2009
In such a difficult economy, it is tempting to blame economic conditions such as the credit crunch o...
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Back-to-school spending expected to increase in 2009
July 22, 2009
Small businesses and retailers concerned with their working capital may soon see some relief, as a r...
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Recession may be easing, index indicates
July 21, 2009
The economy may recover sooner than previously expected, and possibly as early as later this year, a...
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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...
