Relevant:
- Hitting the credit card wall -- Credit card debt contracts 17 percent as the grand American household deleveraging continues.
- Americans Gorge on Credit Card Offers
- Study: America's Reliance on Home Equity Loans and Credit Cards
- Credit card debt nearly reaches 2008 levels
- Rip Off Alert! How the Credit Card Gravy Train is Running Over You
2012-09-17 — mybudget360.com
Think those free spending days are coming back? That is unlikely. What this tells us is that Americans are still running on a tight budget and the deleveraging is going to be more painful than many expect.
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