As if credit cards won't dig you a deep enough debt hole for you to climb out of, try the ones that let you get cash back. A new report from the Federal Reserve Bank of Chicago says 1% cash rewards
programs yield on average $25 per month, increasing spend by $68 per month, thus raising debt $115 per month. The bank's economists say that even small rewards can prompt people to spend more by
enticing people whose cards were dormant to start spending.
Read the whole story at Chicago Breaking Business »
