Did your Christmas spending force you to set a financial New Year’s resolution? If so, you are likely not alone. According to a recent article by USA Today claims consumer spending in the United States is on the rise.
“Americans’ outstanding credit card debt hit a new record in November, highlighting a more confident U.S. consumer but also flashing a warning signal of potential trouble down the road.”
The article goes on to breakdown the consumer debts, and shows the numbers for revolving credit, and what all these numbers mean to the public.
To read the full article, visit the USA Today site here.
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