Liquidity is one of the major factors that affects consumer spending. The evolution of consumer credit involves the use of corporate power to remove the liquidity constraints that have historically limited consumer spending (Watkins, 2000) and this has a negative impact on the economy. Evidence indicates a growing consumer debt dependence on purchase facilitates. It is estimated that in the USA as many as two out of every three new cars on the road have been leased or financed, and installment debt is estimated at about a fifth of the average household’s disposable in come (Keenan,1998).