Pace of new credit card accounts picks up in 2011

NEW YORK — More people opened new credit card accounts last year, as the chill that spread over the banking industry during the recession began to recede. The number of new cards issued to consumers rose 14 percent in 2011 to about 42.3 million, according to data provided by TransUnion. And about a quarter of those ...

Leave a Reply

Your email address will not be published. Required fields are marked *