Credit.com, Wherever you stand, we stand by you.®
->
Contact Us | Login | En Espaņol

Credit & DebtPersonal FinanceEconomic CrisisHousing MarketEmployment TrendsExpert Insight
TOP STORY

Shoppers insisting on lower prices


Retailers hope sales will keep them afloat

12.29.08

By Nicholas Storie

The holiday season's significant discounts may be setting a precedent regarding what consumers expect to pay in the future, according to a retail expert.

Full Article | News Home

RECENT Personal Finance STORIES »
Shoppers are walking away with less as economic crunch bitesConsumer spending blamed for GDP fall  12.26.08
Would a sales tax holiday coax consumers to spend?Retail group proposes sales tax holiday  12.24.08
There are bargains galore for shoppers ahead of ChristmasRetailers continue to trot out bargains  12.22.08
More Personal Finance News »
  • Fed slashes rates again - but will it help?  12.17.08
    When the Federal Reserve announced on Tuesday that it would be slashing the federal funds rate to .25 percent, it may have been trying to send a message that it is prepared to go to great lengths to boost the economy.
  • Prices tumbling, but people still spending less  12.15.08
    If you are like most Americans these days, it takes a lot to make you open your wallet.
  • Consumers snag deals with online coupons, rewards cards  12.11.08
    Are you getting the best deals? That is the question that consumers across the country are asking themselves as they move through the holiday season.
  • Love in the time of financial crisis  12.08.08
    When all of the news seems to be bad, who do you turn to for comfort? The person you love, of course. But what if you aren't in a relationship?
  • Record jobs losses prompt consumer concern   12.06.08
    In the week officials finally acknowledged the country was in recession, further negative news in the jobs market will give increasing cause for concern to the ordinary person wondering how to balance the books in the run-up to Christmas or pay down mounting credit card debt.
  • Consumers looking to snag online deals  12.04.08
    Christmas is fast upon us and gifts need to be bought. In spite of the economic turbulence besieging financial markets around the globe, pocketbooks will inevitably be opened, credit cards swiped and - when chance arises - deals snagged.
  • Consumer optimism refuses to die  12.03.08
    American consumers are a hardy bunch. The international financing system has gone into a meltdown not seen - according to many - since the dark days of 1929, and the knock-on effect on your average Joe has not been slow in following.
  • Take steps toward a 'recession proof' life   12.01.08
    With the U.S. officially in recession, it's understandable to be concerned about the state of economy. A constant diet of dire economic headlines seems to be the perfect recipe for keeping the average person awake at night.
  • Americans plan to watch their holiday spending  11.24.08
    Does it feel like the credit crunch has put a lump of coal in your stocking?
  • Index: Consumer prices plummeting  11.20.08
    At first, the headlines may sound like good news: consumer prices have fallen at their steepest rate in over 60 years.
  • New Survey: Consumer Outlook Bleak for Holiday Shopping Season  11.20.08
    According to a new national survey from Credit.com, consumers are very concerned about the upcoming holiday shopping season and don't think 2009 will be any better.
  • Troubled banks penalize customers  11.13.08
    At first, a small hike in bank fees for a routine transaction may not seem like a big deal. But, over time, little changes can add up in a big way.
  • Consumers agree: We're in a recession  11.11.08
    The vast majority of consumers believe the U.S. is currently in a recession - and many have adjusted their financial habits accordingly, a new poll by Nielsen reveals.
  • Be prepared for tax changes in 2009  11.10.08
    As the end of the tax year approaches, you may already be thinking about how to spend your upcoming refund - or where to find the extra funds to pay what you will owe.
  • Is your credit score high enough?  11.04.08
    You may have heard it before, but your credit score really does make a difference to your ability to snag the best rate on mortgages, credit cards and loans - particularly in the current economy.
  • The Fed cuts interest rates - again!  10.30.08
    In recent months, the government has taken a number of strong actions in the attempt to soothe the unruly stock market and give economic growth an energy boost.
  • Tuition hikes take their toll  10.30.08
    Attending college is an expensive endeavor - and the costs just seem to keep rising.
  • Consumers fill their piggy banks  10.29.08
    Americans' proclivity for spending and accumulating debt instead of saving for the future seems to have been turned on its head as a result of the credit crunch.

  • Price chops aim to lure Christmas shoppers  10.28.08
    If you usually wait until the day after Thanksgiving to snag the best deals on Christmas gifts, this year's options may offer temptation that is difficult to resist.
  • Big name lenders suffer big-time losses  10.22.08
    It is a familiar story by now - a major company or financial institution announcing that its profits have dropped and its future is uncertain.
  • Weekend road trip? Americans say no thanks  10.22.08
    Do you sometimes feel like you're choosing between taking the family for a Sunday drive and funding your retirement?
  • Some relief arrives at the pump  10.20.08
    As your personal finances are stretched further and the country's economic future remains uncertain, you may be forgiven for not noticing that there is one cost that has actually been headed downward in recent weeks: gas.
  • Don't let bank changes take you by surprise  10.14.08
    The current trend of bank mergers may seem to be something that is happening in a land far, far away (aka Wall Street), but the repercussions of these actions can make a difference to your day-to-day banking.
  • For coupon clippers, pennies add up quickly  10.14.08
    With mind-boggling figures such as $700 billion bandied around by the media on a daily basis, it can be easy for the average person to lose sight of the numbers that count.
  • Budgeting gains popularity among cash-strapped Americans  10.13.08
    Tossing and turning, endless worry, anxiety headaches - are you a victim of the credit crunch?
  • Don't get left out in the cold due to fuel costs  10.08.08
    For some people, it could be a very cold winter. That is not the prediction of trained meteorologists, but rather a logical conclusion based on new warnings that heating costs are set to rise this year.
Estimate Your Credit Score for Free!

FREE 3 Credit Reports, 3 Credit Scores & Premium Credit Monitoring