Credit card debt could decline as people try to take control of finances

The number of people facing debt problems because of overspending on a credit card may decline as consumers are turning to debit and prepaid cards instead.

According to Kevin Harrington, managing director at Global Prepaid Exchange, which offers services to the industry, credit card usage is declining.

via Credit card debt could decline as people try to take control of finances | Debt Management News | Debt Fixers.

I am a partner at Succession Plus. We are specialists in providing proactive, focused and strategic advice for SME owners to help them manage strategic Business Succession and Exit Planning.I am enjoying a career that has embraced product and service businesses at all stages of their journey. I have worked in technology, telecoms, consumer electronics, payments, media, and publishing.

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