Chinese Not Racking Up Enough Credit Card Debt
Americans have a lot to learn from the Chinese when it comes to managing credit cards. Recent articles about use of credit cards in China are actually quite amusing. It’s pretty funny to hear bank executives whining about the Chinese paying off their balances every month. Sure, people are using the credit cards for everyday purchases in increasing numbers, but they aren’t rolling over the balances from one month to the (Click to continue reading this post…)