16:34, 8 December 2008 Page views 349 views

During Crisis Americans Prefer Cash

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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 use of cash is on the rise. Retailers like Walmart Stores Inc., Target Corp. and J.C. Penney Co. are noticing a marked shift away from credit cards in favor of cash and debit cards.

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