Why wait for tomorrow?
A brief selective history, and possibly the latest chapter. Also, 7 other things worth knowing today.
Let's begin today with a very brief and selective history of consumer credit in the United States. Trust me, I think it will be more entertaining than it sounds.
In the beginning—well, let's say in the 19th century—individual consumers could get credit mainly in two ways, beyond friends and family:
Direct relationships with merchants—say, the local groce…
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