Are American Consumers Relapsing Into Debt Addiction?

Americans accumulated $18.4 billion in credit card debt in the second quarter of 2011.

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"There's definitely a group of consumers that has recognized that credit card debt is not as dangerous as it used to be," Papadimitriou says. "That's definitely going to help in the longer term when it comes to consumer spending."

mhandley@usnews.com