The Future of Consumer Credit in the US
During these few posts we've been writing about aspects of consumer credit today in the US. We'd like to close our week by inviting comments about the future of consumer credit. How much indebtedness should we expect in the long term? Will plastic be with us forever? Will the terms of consumer credit improve (lower interest rates, more frequent flyer miles) or worsen (higher late fees, more invasive collections practices)?
We've had a blast blogging this week. Thanks!