When people fall on hard times, they react to their new reality by taking a far more cautious approach to their personal finances, which includes turning towards other methods of payment for their daily spending. Although many people rely on credit cards, research points to decreased credit card use. The reasons why someone might discontinue [...]
Why Most Americans Should Not Use Credit Cards is a post from the Money Crashers personal finance blog.
Source: http://www.moneycrashers.com/why-americans-not-use-credit-cards/
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