On Tuesday morning, three of the biggest banks in the country reported on the state of their finances: Bank of America, Citigroup, and JPMorgan Chase. One common theme in those quarterly reports? Consumers are reaching for their credit cards more. All three banks reported that credit card use was up this spring from the same time a year ago.In the past few months, 32-year-old Katrina Linden has b…
What higher credit card spending means for the economy
