Cards & Payment InfrastructureSourced news summary
Revolving Debt Jumps as Spending Strains Credit Cards
Source: PYMNTS · · United States
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The fastest-growing part of consumer credit in September was the kind that lets a household put this week’s groceries on next month’s bill. The Federal Reserve’s Friday (Nov. 6) G19 report on consumer credit indicated that revolving credit, which includes credit cards, accounted…Read the full story at PYMNTS
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