The red lights are flashing. Credit is becoming more expensive, lenders are becoming more restrictive. Yet consumers are still spending. They still want to spend — and they may need some help in the current environment, even though unemployment is low and wages are rising....
Consumers’ use of retail promotional financing for in-store purchases of furniture rose in January. The number of applicants for in-store furniture financing programs rose by 8% compared to December and 10% year-over year, Versatile Credit said in a press release. January also saw the approved...
Consumers are getting ready to battle inflation for the long haul — tapping every resource that’s available. Here’s one telltale sign: Valley Bank EVP and President of Consumer Banking Kevin Chittenden observed that customers are scrambling to get home equity loans. “But they’re not really...
If you have more things than places to keep them in your apartment or home, finding new storage solutions is about to get a little more wallet-friendly. On Monday (Oct. 5), Synchrony Financial and The Container Store issued a press release that announced a multi-year partnership...
May 22, 2023
Financing is becoming a key growth strategy component for retailers, and the success of financing programs should be measured as diligently as inventory, says Versatile Credit President and Chief Operating Officer Vicki Turjan. The start of the year brought a strong retail performance that surprised many media observers. However, a closer look at the […]
May 17, 2023
The red lights are flashing. Credit is becoming more expensive, lenders are becoming more restrictive. Yet consumers are still spending. They still want to spend — and they may need...
February 10, 2023
Consumers are getting ready to battle inflation for the long haul — tapping every resource that’s available. Here’s one telltale sign: Valley Bank EVP and President of Consumer Banking Kevin...
February 21, 2023
Consumers’ use of retail promotional financing for in-store purchases of furniture rose in January. The number of applicants for in-store furniture financing programs rose by 8% compared to December and 10% year-over year, Versatile Credit said in a press release. January also saw the approved financing total increase 9.6% over the previous month and 26% […]
October 06, 2015
If you have more things than places to keep them in your apartment or home, finding new storage solutions is about to get a little more wallet-friendly. On Monday (Oct. 5),...
