Fun Fact of the Day, March 12, 2018

March 12, 2018

OVEREXTENDED - The 4 largest retail banks in the United States suffered $12.5 billion in defaulting credit cards in 2017, up from $10.5 billion in 2016.  There are more open credit card accounts open today (488 million) in the United States than there are citizens (327 million) (source: Mercator Advisory Group).

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