http://money.cnn.com/2008/12/05/news/economy/consumer_credit/index.htm?postversion=2008120515
Here is an article that talks about how credit card use has dropped. Is that really any surprise though? In times like these people are not going to spend money that they dont have. Debit cards and cash are better options becasue its money you actually have. If banks are being bailed out why are we going to borrow from them?
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