Using Plastic

More like “abusing” those credit cards.

Consumer debt hits $2.52 trillion.

The AP reports: The Federal Reserve reported Friday that consumer credit increased at an annual rate of 3.3 percent in January. That was up from a 1.8 percent growth rate in December and marked the fastest pace since November. The pickup in January pushed up total consumer debt by $6.9 billion to $2.52 trillion. That was [...]

Technorati Tags: Consumer Credit, Credit Cards