Credit Card Bomb Ticking Away

on the upcoming Credit Card credit crunch problem. Here are some of the parts I liked the most:

Cash-strapped… would seem to indicate that they wound up further in debt anyway

Credit card debt rose at an annual rate 8.5% in October.

Credit card debt rose at an 11.3% annual rate in November.

Credit… of Fifth Third Bancorp in Cincinnati, points out that the U.S. has a long history of credit card… of the major credit card companies

(click to enlarge

Original post by TradeForGain.com



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