Consumer revolving credit in the United States, namely credit card debt, fell in November for the first time in 2008 as a result of reduced personal income, lower credit limits and higher credit card interest rates, according to the Federal Reserve.

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This entry was posted on Monday, January 12th, 2009 at 2:49 am and is filed under Debt. You can follow any responses to this entry through the RSS 2.0 feed.