Consumer use of credit cards rose dramatically during the late 20th century, fueled in part by real estate price increases that made homeowners wealthier. With the recent drop in home values, credit card debt has become a serious problem.
Many people enjoy catalog shopping because it can save time and is an easy and convenient way to shop from the comfort of your own home. This photo shows a woman on the phone, ordering from a catalog with her credit card at home.
There are tremendous societal gains in nudging the economy further away from cash: fewer off the books (and untaxed) transactions, reduced crime, and lower transaction costs in society. ...
By Ike Brannon, Contributor. Forbes. Mon, 14 Jun 2021 23:47:05 -0400.
White racked up credit card debt for a decade by spending frivolously on items she didn't need. The 40-year-old news anchor only managed to pay it off in her mid-30s after she met her partner Andy.
Daily Mail. Sat, 12 Jun 2021 21:52:43 +0100.