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28Feb2018

U.S. Economic Optimism Has Consumer Confidence at 17-Year High

  . February 2018 By Selina Stoller, Summit Consumer Receivables Acquisitions, LLC Americans are growing more confident about their purchasing power. According to Bloomberg’s Consumer Comfort Index, the economy’s performance and spending sentiment are at an almost 17-year high. Key Elements This surge in consumer confidence comes after record high stock market numbers, the passing
  • 28 Feb, 2018
  • Summit Consumer Receivables Acquisitions, LLC
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26Feb2018

Walmart’s Tax Break and Its Not-So-Stellar Impact

  . February 2018 By Selina Stoller, Summit Consumer Receivables Acquisitions, LLC Walmart announced an increase in its minimum wage and a series of bonuses in light of the GOP tax bill, but the bulk of its corporate tax cut won’t be going to its employees. Walmart CEO, Doug McMillon, said in a statement that
  • 26 Feb, 2018
  • Summit Consumer Receivables Acquisitions, LLC
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23Feb2018

US Student Loan Forgiveness Plan Could Change

. February 2018 By Selina Stoller, Summit Consumer Receivables Acquisitions, LLC President Trump’s new budget plan would alter student loan forgiveness programs. According to Business Insider, the proposed budget would modify the Public Service Loan Forgiveness Program which helps individuals with jobs in the government or tax-exempt nonprofit organizations pay off their student loans –
  • 23 Feb, 2018
  • Summit Consumer Receivables Acquisitions, LLC
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20Feb2018

Housing Market 2018 Preview

  . February 2018 By Selina Stoller, Summit Consumer Receivables Acquisitions, LLC A decade ago, many Americans experienced a crippling housing crisis. Mortgage payments could not be met, thousands of homes foreclosed, and millions lost their jobs. The housing market has been in recovery mode since and 2017 was a year of success – but
  • 20 Feb, 2018
  • Summit Consumer Receivables Acquisitions, LLC
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12Feb2018

New Tax Extenders Passed by Congress: What It Could Mean For You

  . February 2018 By Selina Stoller, Summit Consumer Receivables Acquisitions, LLC Congress passed a massive budget deal and reinstated individual tax breaks that did not make it into the December 2017 tax overhaul. According to Forbes, Congress has returned to its practice of passing tax extenders – on-again, off-again tax laws – which is
  • 12 Feb, 2018
  • Summit Consumer Receivables Acquisitions, LLC
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07Feb2018

How Bitcoin is Changing the US Real Estate Market

  . February 2018 By Selina Stoller, Summit Consumer Receivables Acquisitions, LLC Bitcoin reached a record high above $19,000 in December and then fell below $11,000 in the same month. Called “Bitcoin fever,” the popularity of buying and selling the cryptocurrency isn’t just a risky investment opportunity – it’s becoming a way of paying for
  • 7 Feb, 2018
  • Summit Consumer Receivables Acquisitions, LLC
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31Jan2018

U.S. Economic Optimism Has Consumer Confidence at 17-Year High

  . January, 2018 By Selina Stoller, Summit Consumer Receivables Acquisitions, LLC   Americans are growing more confident about their purchasing power. According to Bloomberg’s Consumer Comfort Index, the economy’s performance and spending sentiment are at an almost 17-year high. Key Elements This surge in consumer confidence comes after record high stock market numbers, the
  • 31 Jan, 2018
  • Summit Consumer Receivables Acquisitions, LLC
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28Jan2018

Although Consumer Confidence Soars, Economists Skeptical

  . January, 2018 By Selina Stoller, Summit Consumer Receivables Acquisitions, LLC The U.S. economy has been on the rise for the past year with many people focused on their personal wealth, not the state of the economy. USA Today reports the economy expanded at a 3.1 percent annual pace in the second quarter of
  • 28 Jan, 2018
  • Summit Consumer Receivables Acquisitions, LLC
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23Jan2018

As Home Equity Hits Record Highs, Homeowners’ Spending Soars

  . January, 2018 By Selina Stoller, Summit Consumer Receivables Acquisitions, LLC Due to record-shattering values in today’s competitive housing market, homeowners are racking up record amounts of home equity and are spending that cash on making their homes even more valuable. According to a survey released last year by TD Bank, renovation spending is
  • 23 Jan, 2018
  • Summit Consumer Receivables Acquisitions, LLC
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22Jan2018

How Bitcoin is Changing the US Real Estate Market

  . January, 2018 By Selina Stoller, Summit Consumer Receivables Acquisitions, LLC   Americans are growing more confident about their purchasing power. According to Bloomberg’s Consumer Comfort Index, the economy’s performance and spending sentiment are at an almost 17-year high. Key Elements This surge in consumer confidence comes after record high stock market numbers, the
  • 22 Jan, 2018
  • Summit Consumer Receivables Acquisitions, LLC
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