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Notably, the new study observed that credit card users in high-income states also "tend to have a greater ability to pay off their credit cards overall."
Stamford-based Synchrony has announced that a new function has been added to the Amazon Alexa device that will allow people to manage their Amazon Store Card accounts through voice commands.
Despite an increase in numbers from MasterCard regarding credit use over Black Friday weekend, many consumers are trying to remain disciplined this holiday spending season.
MasterCard, headquartered in Purchase, reported profit rose 17 percent during the second quarter, from $608 million, or $4.76 per share, a year ago to $700 million, or $5.55 per share.