Datahead: Returning to Normal?

By Jeffry Pilcher

Published on July 28th, 2010 in Data Analytics





-- Article continued below --







$600 million: Amount spent by some 1,000 lobbyists on the financial reform Act.
— Center for Responsive Politics

35% of people would gladly leave their big bank if it were easier.
— FindABetterBank.com

35% of people surveyed in 2010 stated that they "prefer to pay in cash for everything I buy", which is down from 54% in 2002, but up from 18% in 2008.
— Visa U.K.

1 in 4 people in the U.S. now have a FICO score below 599. That’s 43.4 million people.
— FICO

1/2 of consumers say they are no longer on track to reach their savings goals for 2010. The key reasons cited were:

  • Increase in cost of non-discretionary bills such as utilities, groceries and auto (58%)
  • Unanticipated emergencies (30%)
  • Difficulty balancing wants versus needs (20%)
  • Buying on impulse (20%)

— American Express

$14,000: Amount consumers said they would try to save at the beginning of the year.
$12,000: Amount they now say they’re shooting for.
— American Express

75% of Americans say their debt has not increased over the last six months. 38% say their debt has actually decreased.
— American Express

More Americans say they have been focused on paying down debt (46%) than saving (29%) this year.
— American Express

76 percent of financial professionals use social technologies at least monthly for business purposes.
— Forrester Research

Subprime borrowers got just 9%, or $44 billion, of all consumer loans in the fourth quarter. That is down from 18% in 2007’s second quarter.
— Experian

5.5% of consumer loans (excluding home loans) were at least 30 days past due at the end of the second quarter, down from the year-earlier
— Equifax Inc. and Moody’s Analytics

59% of people keep less that $500 in their checking account.
— Raddon Report

-- Article continued below --

The Financial Brand is your premier destination for comprehensive insights in the financial services sector. With our in-depth articles, webinars, reports and research, we keep banking executives up-to-date with the latest trends, growth strategies, and technological advancements that are transforming the industry today.

© 2025 The Financial Brand. All rights reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of The Financial Brand.