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Perhaps that means you cut one of your cards in half recently? In 2007, the average American consumer had four credit cards. Today, the average is down 26%, to 3.45 credit cards per consumer.
That is among the neat factoids gathered in a new BillShrink infographic. Below is a snippet revealing some more interesting stats. Guess how many credit card users pay only the minimum required each month, accruing interest and fees along the way?
Nowadays, retailers and manufacturers can’t merely introduce a new product to consumers and call it a day. The way that 7-Eleven is launching “Slurpee Lite,” its new low-calorie drink, shows how a product rollout must be an “event.” This week’s event includes a big Slurpee giveaway.
Well, it’s only taken half a decade, but the moribund real estate market is finally starting to show signs of life. If you were thinking about making a move on a piece of property, right now is possibly the best time. You can still take advantage of low prices in most places around the country, and mortgage rates are at once-in-a-lifetime record lows: 30- and 15-year fixed mortgages are around 4% and 3%, respectively.
