I love December. Christmas. Good tidings to you and all of your friends. And, for the second year in a row, the Consumer Desperation Index falls. It does my heart good to see less fraud going on, as far a check cashing goes, during the holidays. Perhaps it has to do with the typical uptick …
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November Desperation Index rises to 110 0
The Consumer Desperation Index increased in November to 110, and is up 7 points from a year ago. This trend is not good. This is the first time in seven months that the index was HIGHER than last year at the same time. The constant creep up is somewhat foreboding. As we all wonder what …
Read MoreCHEXAR announces its patent pending National Duplicate Check Database called DUPEX 0
SCHEDULED FOR LAUNCH IN EARLY 2012 DUPEX WILL HELP BANKS AND CHECK CASHERS AVOID THE GROWING ISSUE OF CHECKS DEPOSITED ON MOBILE AND THEN AGAIN AT BRICK & MORTAR Atlanta, Georgia, December 20, 2011 – Chexar Networks Inc. (“CHEXAR®”), announced today that it is launching a new service that will allow industry partners such as …
Read MoreOctober Desperation Index at 107 0
The Consumer Desperation Index increased in October to 107, and is down 13 points from a year ago. Statistically, the Desperation Index has been relatively steady for half a year, floating between 102 and 107. The consistency is a little scary, and somewhat contradicting what we experienced last year. Of course, “Scary” and “October” do …
Read MoreSeptember Desperation Index Declines to 102 0
The Consumer Desperation Index decreased in September to 102, and is down 30 points from a year ago. While the summer index was higher than our base measure of March 2010, the trend is down and seasonal history says that should continue for awhile. That doesn’t mean that pockets of the country don’t continue to …
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