Jobulo | Consumers Avoiding Credit Card Spending - Jobulo

Employment News Stories

All the latest news from the world of employment.

Consumers Avoiding Credit Card Spending

credit-cardsAccording to a recent report on the BBC website, the demand for credit cards is decreasing.

Consumers are opting to borrow elsewhere as figures show that the number of credit cards used in the country during 2011 had significantly decreased when compared to previous years.

The PwC report also found that debit card spending and pay day loan lending had both increased.