Graph and download economic data for Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks (CCLACBW027SBOG) from 2000-06-28 to 2025-07-16 about revolving, credit cards, loans, consumer, banks, depository institutions, and USA.
Americans are the biggest consumers in the world, they consume way more than they need. The Trump Tariff Wars have shown us one thing, Americans think it’s their god given right to consume and consume. . I’m sure there are few desperate people who use credit cards to survive, but most of these Americans who are in credit card debt is because they can’t stop buying stuff they don’t really need.
I use credit cards to take advantage of banks by getting free cashback money while I pay them off each month so I don’t get interest. I don’t get a lot of stuff I don’t need; I use the credit cards to help me save money for all of my regular purchases like groceries or gas. If it ever gets to the point I can’t pay for the card by the end of the month, I’m cutting it up. I earn around $10-30 back each month.
Americans are the biggest consumers in the world, they consume way more than they need. The Trump Tariff Wars have shown us one thing, Americans think it’s their god given right to consume and consume. . I’m sure there are few desperate people who use credit cards to survive, but most of these Americans who are in credit card debt is because they can’t stop buying stuff they don’t really need.
I use credit cards to take advantage of banks by getting free cashback money while I pay them off each month so I don’t get interest. I don’t get a lot of stuff I don’t need; I use the credit cards to help me save money for all of my regular purchases like groceries or gas. If it ever gets to the point I can’t pay for the card by the end of the month, I’m cutting it up. I earn around $10-30 back each month.