Thursday, March 28, 2024

Credit Card and Debt Statistics Database
by Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.

Credit Card Use Drops

Wal-Mart's U.S. division, told investors in October that credit card payments as a percentage of total payments fell 7.4 percent so far in the current fiscal year, which ends in January. That's a big reversal from the robust double-digit growth rates in credit cards over the past three years. Also, Target executives told investors in October that it's seeing lower credit card usage among its shoppers for the first time since 2001-2003.
        Categories:  Credit Cards,Credit Usage
        Reporting Pub:  STLToday.com
        Reporting Date:  11/23/2008
        Article Title:  More customers resume using old-fashioned cash
        Article Author:  Anne D'Innocenzio
        Pub's Source:  Wal-Mart and Target
        Source URL:  View details from source
 


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