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Card Use Set to Fall Later This Year, CardTrack Predicts

NAPLES, Fla. -- Credit unions that have been riding a strong strain of card use this year might want to look out for a potential contraction, according to Cardtrak.com, a Web site that tracks card trends.

By David Morrison | Updated on September 12, 2008

NAPLES, Fla. — Credit unions that have been riding a strong strain of card use this year might want to look out for a potential contraction, according to Cardtrak.com, a Web site that tracks card trends.

Cardtrak noted that American consumers put more than $2 trillion on their credit cards and $1.4 trillion on their debit cards in the last year, but said a recent online survey suggested the trend might not continue.

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