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19 h 47 min, 30 janv. 1950 ans - Credit Card

Description:

The very first credit card appeared in 1950. The card was limited to paying for meals at a limited number of restaurants, but it was quickly followed by other cards, causing a dramatic growth in borrowing money. Private debt more than doubled from $104.8 billion to $263.3 billion during the '50s. People borrowed to buy houses, cars, appliances, etc.

Ajouté au bande de temps:

16 déc. 2018
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Date:

19 h 47 min, 30 janv. 1950 ans
Maintenaint
~ Il y a 75 ans