RANDI GLAZER | RENEWABLE ENERGY TAX CREDITS

Randi Glazer is dedicated business professional

  • Contact Randi Glazer
  • About Randi Glazer
  • Content Categories
    • Insurance
    • Randi Glazer
    • Credit & Debit Card Rewards
    • Tax Returns
    • LinkedIn
    • Finance
    • Credit Cards

Trend Fluctuations Among Credit Card Consumers

November 18, 2014 by Randi Glazer Leave a Comment

Credit Cards

In a recent report, creditcards.com found that interest rates on new credit cards offers are the lowest they have been in the past 5 months. The current 15 percent interest rate has fallen from its  two-week streak of 15.09 percent. Credit card companies have also shown more leniency towards borrowers by giving them a second chance to receiving larger credit limits, despite their credit pasts.  

Late payments on credit cards have also decreased in recent years. This particular consumer trend is due to a widespread knowledge of understanding the consequences bad credit can have on your future, as well as stricter regulations on who is able to apply for a credit card. In addition to these changes, credit card companies have also developed scoring methods that can indicate which customers will have delayed payments, and which ones will pay on time.

The improvement of our economy is another factor of why consumers are now applying for more credit cards and consciously trying to improve their credit. Despite the willingness to purchase more big ticket items, the fear of acquiring additional debt is still present among Americans. As of late September 2014, total debt went up to 1.30 trillion dollars, including car loans, mortgage, and student loans. These statistics show that debt is present among diverse collective of age groups and communities.

The increase in debt has a positive correlation with the amount of credit cards that were opened this year. Since January 1st, the Federal Reserve’s reported a $ 22 billion increase in credit card balances across the board. The future of credit  cards depends on a few factors, starting from fluctuations in our economy, the uncertainty of the job market as well as constantly increasing college tuitions. In turn, this will prompt credit card companies to respond accordingly by changing interest rates and raining credit card limits.

Click here for more information.

Filed Under: Credit & Debit Card Rewards, Credit Cards, Finance, Randi Glazer Tagged With: credit & debit card rewards, Credit Card, Finance, Randi Glazer

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RSS Renewable Energy News

  • Shell buys sonnen batterie https://buff.ly/2S1ooQZ  February 15, 2019
    Shell buys sonnen batterie https://buff.ly/2S1ooQZ 
  • Why Community Solar Is the Future of the Industry https://buff.ly/2E6MCp1  February 15, 2019
    Why Community Solar Is the Future of the Industry https://buff.ly/2E6MCp1 
  • Solar Tariffs Blamed (Again) for Decline in Solar Jobs https://buff.ly/2E6lxm3  February 15, 2019
    Solar Tariffs Blamed (Again) for Decline in Solar Jobs https://buff.ly/2E6lxm3 
  • FERC Data Shows Substantial Renewable Growth Coming but Gas Still Dominating Today https://buff.ly/2RXxI8f pic.twitter.com/6mBA681YWI February 14, 2019
    FERC Data Shows Substantial Renewable Growth Coming but Gas Still Dominating Today https://buff.ly/2RXxI8f  pic.twitter.com/6mBA681YWI
  • Puerto Rico’s Draft IRP Seeks Unprecedented Amounts of Solar and Battery Storage https://buff.ly/2WUwY7P  February 14, 2019
    Puerto Rico’s Draft IRP Seeks Unprecedented Amounts of Solar and Battery Storage https://buff.ly/2WUwY7P 

RSS Solar Solutions

  • Our Solar Solution team volunteering at one of our local churches in DC (that has gone solar with us) to help feed the congregation and locals in need. McKendree UMC offers this every Sunday and their doors are... https://www.facebook.com/423161131054895/posts/2081485275222464/ … February 11, 2019
  • The Solar Solution team will be running at the 2019 United Airlines Rock 'n' Roll Washington DC Marathon & 1/2 Marathon on March 9, 2019! Join Us! https://endurancecui.active.com/event-reg/select-race?e=52435854&rf=3d8835776b8b4d8ea9a4f90bc7f26317 … January 7, 2019
  • This is a huge victory for DC and huge victory for America. Come on guys, who's next?? https://earther.gizmodo.com/dc-just-passed-the-strongest-climate-legislation-in-the-1830688724 … December 21, 2018
  • We're excited to partner with and be recognized by Enphase Energy. The leading solar inverter company in the world! https://www.marketwatch.com/press-release/enphase-energy-and-solar-solution-deliver-ppa-success-in-washington-dc-2018-10-08 … October 8, 2018
  • Check out some of our installs! https://photos.app.goo.gl/b8NozUFWRspiDTTs7 … August 7, 2018

RSS Randi Glazer on Twitter

  • Join Bzzagent to try new and free stuff - https://bzz.bzzagent.com/s/randiglazer906574 … February 10, 2019
  • Thought you'd love @beanboxcoffee for fresh, artisan coffee. Save $5 off your first order. https://beanbox.com/refer/65394  February 4, 2019
  • https://www.instagram.com/p/BsYRb_RBWtP/?utm_source=ig_share_sheet&igshid=1tbdzqcfhq3a8 … January 19, 2019
  • Great day!!pic.twitter.com/HNgUrk9NFD January 18, 2019
  • I came across this incredibly rare footage when I was competing… There’s a very insightful moment when sons and fathers compete!! #polo https://www.instagram.com/p/BsvjUy8B-ZA/?utm_source=ig_twitter_share&igshid=1cp39xks3c3on … January 17, 2019

RSS Financial Times

  • The UK’s latest attempt to persuade Japan to agree a quick post-Brexit trade deal has backfired after officials in Tokyo reacted with dismay at British tactics https://on.ft.com/2DQF5cM  February 18, 2019
  • German regulator bans shorting of Wirecard shares https://on.ft.com/2DNXOFF  February 18, 2019
  • China leads Asia equities rally ahead of trade talks https://on.ft.com/2DPEeJn  February 18, 2019
  • BlackRock and Vanguard pull in 57% of global fund flows in 2018 https://on.ft.com/2SE5VPo  February 18, 2019
  • Can theatre help make sense of Trump? Anne Washburn’s new play tries to find out https://on.ft.com/2EaKnkP  February 18, 2019

Copyright © 2019 · Enterprise Pro Theme on Genesis Framework · WordPress · Log in