Exact(1)
"During the month we saw consumers reducing the growth of their discretionary spending at retail merchants and increasingly resorting to credit for necessities," Silvio Tavares, division manager of First Data Global Information and Analytics Solutions, said in a statement.
Similar(59)
What this suggests is that consumers are struggling just to maintain their current living standard and have resorted to credit to make ends meet.
Even after that, the filmmakers had to resort to credit-card advances for the $80,000 cost of enlarging their 16-millimeter print to 35-millimeter for film festivals.
More homeowners are resorting to freer credit from non-banks, or using them as a stopgap when interest rates fluctuate (almost all home loans are variable).
Mark Rukavina, the executive director of the Access Project, a consumer advocacy group, advises consumers to work out an extended payment plan with a doctor or hospital before resorting to paying by credit card.
We never sever suffered an emergency where we would need that money, and were forced to resort to a credit card because I'd taken just about all our spare cash and tossed it at my student loan.
Even if enterprises encounter the challenge of deferred payment, they can resort to a credit guarantee from a third party such as the installment of a commercial bank and acceptance bill commonly used in transactions.
And families are increasingly resorting to more expensive types of credit to make ends meet.
"Il y a une femme avec un collier de Ping-Pong balls," he said, as he waited for the waiter to run his credit card, resorting to Franglish to comment on another patron's statement necklace.
However, the number resorting to payday lenders, bank overdrafts, credit unions and advances from the government has risen under the new system, according to the telephone survey of 901 new claimants in Ashton-under-Lyne, Wigan, Oldham and Warrington.
As for the production chain, it emphasizes combining the upstream and the downstream enterprises into a whole by resorting to enterprises that have great credit in order to obtain financing from commercial banks.
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