CNN reports that the inability of individuals to access other types of credit - such as home equity loans - is forcing an increase in credit card debt during today’s tough economic times as people use credit cards to pay the day to day bills.  The article talks about the problem with concern only about the debt [...]

It appears that consumers aren’t the only ones that rack up credit card debt.  The state of New Jersey is set to pay $1 billion over the next three years to credit card providers, according to The Record.