Pre Paid Cards news and trends

US Credit Card Debt Ratio Sees 25-Year Low

June 25, 2015
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US Credit Card Debt Ratio Sees 25-Year Low

June 25, 2015
The credit card debt ratio has finally shifted in favor of the consumer. The latest annual report on credit card debt in the U.S. from The Nilson Report shows that the level of credit card debt to total consumer credit has reached a 25-year low from 1990’s rate. The figures released yesterday (June 24) show that […]