This Week In Credit Card News: Strippers Drug, Steal Cards From Patrons; Surge In Credit Card Use
American consumers ran up their credit card balances in April at the fastest pace in almost 13 years. The amount of outstanding revolving credit rose at a seasonally adjusted annual rate of 12.3% to $870.44 billion in April, according to a Federal Reserve report. In other news, in a tawdry tale of New York City strippers on the prowl for men with money, five strippers were accused of teaming up to rip off a combined $200,000 from four men in a credit card scam during the last four months of 2013.
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