In the last few decades, remarkable expansion in the use of consumer credit has allowed individuals from every income bracket the opportunity to purchase goods and services that one would otherwise not have access to. Not only do individuals and families use credit cards for emergency purposes, but often these plastic cards are swiped to […]

Credit cards have become a part of everyday life for most people.¬†Most of my friends have at least one credit card, and I know many people who have more than one. A recent survey¬†commissioned by the Consumer Financial Protection Bureau (CFPB) found that 35% of people between the ages of 18 and 34, 65% of […]