Let’s face it, America is a shopaholic nation. And this insatiable desire to shop is fulfilled by the use of credit cards, with 1 in 7 Americans carrying 10 or more credit cards. Americans can’t get enough of this lifestyle, meaning that Americans continue to spend more, year over year.   

But the wind of change is blowing and this time the American consumer is looking to simplify their lives and cut back their once insatiable desire to buy SUV’s, plasma screens, and extravagant homes. In fact, 84% are looking to buy “less stuff”. It’s an interesting and monumental change in consumer sentiment. Read on to find some intriguing signs on how this may be The End of Credit Card Consumerism.

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