A Healthy Economy Reemerging? Credit Card Reports Suggest So

By Leni Parrishon Wednesday, July 17th, 2013

This Monday, two different credit card reports were released that both show strong signs that a recovering US economy continues to gain momentum.

Despite how some individuals may feel about the economic situation, credit card debt saw its biggest increase in June in more than one year, which suggests that more and more people have now begun borrowing once again. While this trend would not be a good sign on its own, other available data from a second report outlines the positive news in this trend.

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