Americans Are Still in Love with Plastic

Women are responsible for 80% of consumer spending in this country. The easiest way to handle most purchases is to use a credit card. But, according to the Federal Reserve Board, the total amount of revolving consumer credit in 2004 was approximately $744 billion. It pays to be savvy about using credit. As an entrepreneur, you should know how to use credit wisely.

According to the Federal Reserve Board, the total amount of revolving consumer credit outstanding in 2004 was approximately $744 billion.