Do people overuse credit cards
In 1980, 56 percent of American adults had at least one credit card. Now, that number has grown to 76 percent (Weiss 49). Accessing credit has gotten easier for everyon...
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Liz
Ruiz, a reporter
with
Columbia, S.C
, recently contacted me to ask about spending guidelines for new college grads. I was happy to oblige. And
Liz
herself turns out to be a textbook case ...
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Credit-card debt can stockpile for all kinds of reasons. Mine seemed innocent enough -- after all, I wasn't buying Manolo Blahnik shoes on a journalist's salary à la
Sex and the City
. Shoppi...
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Consumer borrowing rose in October at a slightly faster rate than the previous month as shoppers continued to depend on their credit cards to finance purchases.The Federal Reserve reported Friday t...
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Lawmakers said Thursday that stronger action than rules proposed by the Federal Reserve may be needed to curb abusive practices by credit card companies.Throughout a lengthy hearing by a House Fina...
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Consumer borrowing posted a hefty increase in May, reflecting the biggest jump in credit card debt in six months.The Federal Reserve reported Monday that consumer credit rose at an annual rate of 6...
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Consumers borrowing increased in September at the smallest pace in five months as the growth in credit card debt and car loans slowed.The Federal Reserve reported Wednesday that consumer credit ros...
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Democrat Barack Obama called for new restrictions on "predatory" credit card companies he says deceive consumers into piling up massive debt they have little hope of repaying."The truth is, our mid...
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Democrat Barack Obama called for new restrictions on "predatory" credit card companies he says deceive consumers into piling up massive debt they have little hope of repaying."The truth is, our mid...
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Consumer borrowing posted the smallest increase in six months in April as Americans actually paid off some of their credit card debt.The Federal Reserve reported Thursday that consumer borrowing ro...
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Deficit Spending: The Overuse of Credit Cards
Slimming Down Credit-Card Debt
