The changing universe of retail credit

The changing universe of retail credit

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Minnesota set a new ceiling at 41/2 percent above the Feda#39;s discount rate in force at the end of May 1981 while Washington has a floating ceiling fixed at ... These figures emphasize the last decadea#39;s trend away from consumer purchases financed by retailers (in-house credit cards, etc.) ... Even more revealing is a comparison of the size of revolving credit financed by banks and retailers over recent years .

Title:The changing universe of retail credit
Author:New York University. Institute of Retail Management, Krannert Graduate School of Management. Credit Research Center
Publisher: - 1982


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