MarketWatch – 9/11/14: U.S. consumers may be relying too heavily on their plastic. Americans added $28.2 billion to their credit cards in the second quarter of 2014, the largest amount in the last six years and nearly 200% more than in the second quarter of 2009, when the economy emerged from the depths of the Great Recession, according to new research from personal finance website CardHub.com. After paying off $32.5 billion owed during the first quarter of 2014, consumers ran up roughly 86% more debt during the following quarter.
Click here to read more: http://www.marketwatch.com/story/american-credit-card-debt-hits-new-highs-2014-09-11
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