Consumer credit

A customer signs for a credit card purchase inside a Wal-Mart store in Oakland. A continuing decline in consumersÂ’ use of charge cards and other forms of credit suggests a fundamental shift in the way Americans save and spend that is likely to act as a drag on the economy for several years.

Chip Chipman/ Bloomberg News / November 28, 2008

A customer signs for a credit card purchase inside a Wal-Mart store in Oakland. A continuing decline in consumersÂ’ use of charge cards and other forms of credit suggests a fundamental shift in the way Americans save and spend that is likely to act as a drag on the economy for several years.

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