According to data from Experian, cardholders' willingness to pull out the plastic is partly determined geography -- specifically, by whether an area has recovered from the recessoin
The American economy is still sputtering its way to recovery from the recession, and that same uneven progress can also be seen in credit card debt.
Card debt overall is flat, according to September 2012 data from credit bureau Experian, but it varies by geography. In metropolitan areas still struggling, card debt is still shrinking. In areas that endured less-severe downturns, cardholders more readily pull out their cards and take on more debt.
“We are seeing the trend of the ‘disciplined consumer,'” says Trey Loughran, a spokesman for Equifax, in a release about the data. “We don’t know whether this is a long-term change yet, but generally speaking, Americans today continue to be prudent about credit.”