Americans are using their credit cards more than ever — and some experts think that's a good thing
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- The number of credit card accounts increased by 2.6% compared to this time last year.
- Some experts believe the increase is a good sign for America's economy.
- The credit card delinquency rate has also risen slightly, increasing from 1.69% to 1.78%.
Credit card use is on the rise.
The number of credit card accounts increased by 2.6% compared to this time last year, according to TransUnion's Q1 2018 Industry Insights Report. Currently, there are 416.5 million credit cards and 174.9 million consumers with access to a credit card.See the rest of the story at Business Insider
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