Study shows significant increase in credit limits

Published: June 6, 2012 by admin

Year over year retail spend continues to trend up, translating into Bankcard balance growth and new originations. New Bankcard volumes (limits) came in at $59 billion in Q4 2011 – a 52 percent increase over the previous year.

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Source: Experian Infographic: Bankcard and Retail Spending Trends.

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