Consumers are using cash and debit instead of credit cards
Consumers are shunning their credit cards. Credit bureau Equifax reports that the number of new cards that opened in 2007 was 70 million which dropped to almost 32 million in 2009. Credit card debt has also decreased. Consumers, who have been in debt in the past, are using only cash to purchase things as a [...]
So you have bad credit and need a credit card
Credit cards are made of plastic material. It is a thin plastic card usually just as the same size with an identification card. Most consumers have brought this along and consider it handy. They are capable of purchasing items and paying it back on a given date. So you have bad credit need a credit [...]
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