what's the trend of credit card use, is debt on the rise?

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what's the trend of credit card use, is debt on the rise?

2007-04-09 08:04:31 · 2 answers · asked by Beni 1 in Business & Finance ➔ Credit

2 answers

Yes, debt not only in the US but in most of the world. The Government allows credit companies to charge the extra fees, and change credit rates for a late payment, even from a different card. As long as that is allowed the card companies are going to make it easy to get another card.

2007-04-09 08:32:48 · answer #1 · answered by ttpawpaw 7 · 0⤊ 0⤋

Yes,, yes it is.
by the way,, debt in our government is also on the rise,,,

2007-04-09 15:08:49 · answer #2 · answered by Jo Blo 6 · 0⤊ 0⤋