Consumers turn to plastic as home loans slow
Story date: 2007-09-11 10:34:00
Added on: 2007-09-11 11:00:16
Reuters - With (home price appreciation) stagnating, borrowers have not had the opportunity to refinance as much as they had, or cash out for spending needs," said Joe Astorina, securitization analyst at Barclays Capital. "Growth in credit card receivables ...
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