ON THE EDGE: POOR CREDIT RATINGS SOAR

1 Comment
  1. Jay Jericho 2 weeks ago

    Signs in windows that say “All credit applications approved. No credit check loans available. Instant approval” have been in American shop windows since after 2008/09. Not many, but enough to notice. Mostly car leasing and furniture. This desperation is a new low. Post COVID-19 such signs need to sink to a new all-time low. Who has any ideas or factual observations. Perhaps the Trends Team know. Negative balances due perhaps? Sale price today is $1000. You pay $900 in one lump sum after a year. Probably not. They could just cut the price to $900 and pay in a year. Just a thought process – but it may be a real one. Ideas people?

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