Weekend Linkage: Cutting Debt, Checkbook Balancing and Bad Habits

There’s good news on the economic front: in July, American consumers cut their debt by $21.6 billion, the largest amount ever on record, according to Yahoo News. Consumers’ appetite for revolving credit, primarily credit cards, declined by $6.1 billion in July, an annualized rate of 8 percent that followed a 6.4 percent drop in June. […]

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