CUNA addresses plastic use in Wall Street Journal

NEW YORK (7/29/08)--The Credit Union National Association's chief economist, Bill Hampel, commented on the discipline consumers need when using credit cards in an article in The Wall Street Journal Sunday.

"The key to using plastic is having the discipline to count the charges as part of monthly expenditures," Hampel told the newspaper. "That way you get the float, the convenience of using plastic and you get the goodies--the cash back or frequent flier miles."

The article provided eight tips for consumers to curb their credit card spending.

For the tips and full article, use the link.

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