When Kanye West raps about the need to “American Express myself,” it’s a fair bet that he’s not talking about shopping at a Walmart. And yet, defying decades of upscale marketing, American Express (AXP) has partnered with Wal-Mart Stores (WMT) on its newest product, a prepaid debit card, Bluebird, that’s now on sale in 4,000 outlets nationwide.
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Credit card use continues to stabilize and posted a 1.88 percent gain from the previous year.
A pair of studies from a leading credit reporting agency shows that credit card use continues to stabilize, especially in parts of the country hit hardest by the recession. Equifax's recent National Consumer Credit Trends Report measured increases in auto loans, student loans, and new credit cards. Meanwhile,
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