Fewer Shoppers Using Plastic this Season
Although end of the year shopping and last minute sales usually inspires most Americans to rely on their credit cards and put their purchases on plastic, the end of 2009 is shaping up to be an exception to the rule. According to a recent feature in the Wall Street Journal, fewer shoppers are using their credit cards and it is mostly blamed on the fact that many have had their credit limits shrunk, their cards cancelled, or their interest rates and other fees increased. As the article explained,
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Fewer Shoppers Using Plastic this Season
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