The Cost of Carrying Credit Card Debt to Society
Updated May 11, 2018By Melissa Cook
Before we discuss those societal costs, however, some context is needed. American consumers these days have much easier access to plastic. Credit access dipped sharply since the height of the Great Recession but has...
Read MoreCredit Cards Are Encouraging You to Overspend
Updated Apr 20, 2018By Melissa Cook
If you think that a credit card can’t “force” you to overspend, you’re both right and wrong. People are ultimately responsible for the choices they make; that’s true. But decades of research have found...
Read More