cost of living

Americans don’t want to reduce their credit card debt

June 3, 2009 - 9:04am | Analytics | News
Americans don’t want to reduce their credit card debt

On May 19 the Senate passed a new bill, designed to tighten rules on credit card interest rates and to keep Americans from spending money like water. However, in March 2009, consumer debt decreased by $11.1 billion to $2.55trillion. As regards to debt in particular it dropped for the sixth month by $5.4 billion to$94.9 billion.


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