U.S. Credit Card Spending Jumps, Visa and MasterCard Profits Follow
Consumers spent $752B on MasterCard and $897B on Visa credit and debit cards globally in the previous quarter, up 11% and 15%, respectively....
Tag: credit card statistics
U.S. Consumers Get More than 90% of All Worldwide Credit Card Offers
Globally, credit card solicitations in 2010 rose to 2.73B from 1.39B in 2009. In the US, the numbers for Q2 2010 were 640.3M and 349.1M, respectively....
Americans Carry $800B in Credit Card Debt
While US consumer debt has fallen by 8.2% from its peak in Oct. 2008, 54M households with credit cards still owe $800B to credit card companies alone....
U.S. Credit Card Defaults Fall to 20-Month Low
Americans continued paying their credit card bills on time in December, with credit card defaults reaching their lowest level in 20 months....
Consumer Credit Card Debt Falls for 27th Consecutive Month
US consumers have reduced their credit card balances by $4.2B in November from October, a decrease of 6.3% and the 27th consecutive month of decline....