Consumers Using Credit Cards Less
More people are paying down their credit card balances. AP reported that the amount consumers owed on credit cards in the second quarter “dropped to the lowest level in more than 8 years.” According to...
View ArticleConsumer Confidence Credit Card Use Rebound
According to the Federal Reserve the first increase in credit-card debt since the financial crisis hit helped to boost overall consumer borrowing 3 percent in December, to a seasonally adjusted annual...
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