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Credit cards - Are consumers destined to suffer or enjoy in 2015?

Is credit card still popular amongst millions of consumers? Apple Pay and other major security breaches untied the blindfold on the eyes of consumers. As a result, several credit card experts are expecting something new about the destiny of plastics. Study shows, millennials are more interested to save money and they are following the "living within the means" mantra instead of extravagance expenses. They have already sealed their future by restricting their expenses, paying off their credit card bills each month and of course limiting their shopping from hacked retailrs that are reported with Data Breaches. Lets see the whole picture through this infographic.

Editorial Team

Lyle Solomon
Written by
Lyle Solomon
Principal Attorney, Oak View Law Group
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Lyle Solomon is the Principal Attorney at Oak View Law Group with 30 years of legal experience. Licensed by the State Bar of California, he focuses on consumer finance, debt settlement, and payday loan resolution. He has helped over 6,000 clients become debt-free and is the author of Think Different! Save More!

Loretta Kilday
Reviewed by
Loretta Kilday
Attorney and Editorial Reviewer, OVLG
Read more from Loretta

Loretta Kilday is an Illinois-licensed attorney with 41+ years of experience in bankruptcy (Chapters 7, 11, and 13), debt settlement, debt collections, and consumer finance. At Oak View Law Group, she provides independent attorney review of published content on debt relief and bankruptcy for legal accuracy.