Newsweek: Shoppers opt for debit over credit

Credit spending is on the decline as "cautious consumers" prefer to pay now as opposed to pay later, according to a new study released Wednesday. Last year, for the first time ever, the total payment volume for Visa debit cards surpassed that of credit cards. Credit card - Visa - Debit card - Credit - Payment

More Americans Pick Debit Over Credit

Credit spending is on the decline as "cautious consumers" prefer to pay now as opposed to pay later, according to a new study released Wednesday.

Despite Weakening Economic And Profit Outlook, U.S. Corporate Credit Outlook Continues To Stabilize

Credit trends for U.S. nonfinancial corporate issuers were fairly positive in August, said an article published today by Standard & Poor's. The article, which is titled "U.S. Corporate Credit Outlook:

Good News for All Canadians: World Economic Forum Again Ranks Canada's Banks as the World's Soundest

TORONTO, ONTARIO--(Marketwire - Sept. 9, 2010) - The Canadian Bankers Association (CBA) hailed today's report from the World Economic Forum, which ranked Canada's banking system as the world's soundest for the third consecutive year, as good news for all Canadians. "To again be named the soundest banking system in the world is positive for all Canadians. A steady and secure banking system is an ...

MELROSE FREE PRESS SPECIAL REPORT: Melrose home sales, foreclosures both up

Home sales were up in Melrose this July compared with last year, despite a steep decline statewide and across the country. That’s the good news. The not-so-good news is that foreclosures have also risen in Melrose this year compared to last year, and lenders say local business owners are skittish about seeking new capital, regardless of the buoyant real estate figures.