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Monday, November 24, 2008

More customers resume using old-fashioned cash (AP)

Kira Limer pays cash for a book at Barnes & Noble, Tuesday, Sept. 9, 2008 in New York. The idea of cutting out credit cards is gaining more exposure at a time when Americans hold more than $850 billion in credit card debt, four times as much as in 1990. (AP Photo/Mark Lennihan)AP - Cash or credit? For more Americans, who have already maxed out their credit cards or are just trying to manage their spending better in the tough economy, the answer is increasingly the old-fashioned one.




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