Americans Find It Hard To Get By Without Their Credit Cards

twocents@thestreet.com (Scott Gamm), The Street
Fri, 09/12/2014 - 4:05am

NEW YORK (MainStreet -- A new survey sheds light on just how heavily some consumers rely on credit cards. The National Foundation for Credit Counseling (NFCC) said 20% of consumers were unable to make ends meet without the help of a credit card, while another 22% said they would have to alter their lifestyle if they only used cash. "Credit should be used as a convenience, not to supplement income," said Gail Cunningham, financial expert for the NFCC.

Topics: york mainstreet a the national foundation credit counseling nfcc credit gail cunningham nfcc experian equifax transunion continue reading mainstreet nfcc financial consumers income supplement

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Americans Find It Hard To Get By Without Their Credit Cards

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