There were two articles I read this Monday morning that had me feeling pretty good about ongoing credit card debt in this country.
First came a report originally published on May 7th by the Associated Press, which explained that American consumers had cut their credit card debt by $1.7 billion in March. The $846 billion we still owe in credit card debt is 17.2 percent less than the all-time peak of $1.022 trillion that was set in the summer of 2008, which as we all know is right about the time when the floor fell out from underneath us.
