Christopher Clarke Quotations

There are features of the store card market that effectively insulate retailers and consumer credit providers from competitive pressures.

Mr Huntley is fit to enter a plea and to stand trial.

one area at a time rather than just plopping things down, that after awhile it just looks like a big Monopoly board.

I don't think it means anything to the kids that they can deal with one way or the other.

Retailers and store card credit providers are, we have found, effectively insulated from competitive pressures.

This results in store cardholders who take up credit, and associated insurance, paying more than they would in a fully competitive market.

There are scenarios where it would be a beneficial and acceptable tool, but there are also cases where it could be a usurping of power. This is a fine line the executive body is going to have to walk.

Consumers' sensitivity to APR levels and other charges is low,

At the same time, consumers' sensitivity to APR (annual percentage rate interest rate) levels and other charges is low. Taken together, this results in store cardholders who take up credit, and associated insurance, paying more than they would in a fully competitive market,

Their frame of reference is disappearing. You know who you are based on your past. You use that to project what's going to happen in the future. As your past disappears, your ability to project into the future essentially disappears, too.