Consumers shift back to credit cards, expert says

12/5/2011 | CNNMoney

First Data executive Silvio Tavares said that consumers are once again using credit cards more than debit cards. "Credit is back in favor," he said. "Consumers have spent the last couple of years de-leveraging and reducing credit card use, but during the past month -- and since April [of this year] -- they've been using their credit cards more and are starting to return to prerecession buying habits."

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