Credit Card Balances Fall for 8th Month

July 9th, 2009 | Posted in Credit Cards

Credit card balances continued their downward spiral in May, as recession-battered consumers chipped away at existing debt and refrained from charging purchases with the same gusto from a year earlier. It’s the longest pullback on credit-card debt in more than 40 years. Read on for more about the news.

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2010-09-07 17:30