December 6, 2013
Despite the lagging economy, Discover says its customers are using their credit cards more--and paying their bills on time.
The credit card company's profits sank ten percent in the quarter that ended in May.
Discover says the shaky economy has weeded out people with lower credit scores and less ability to pay their credit cards.
Leaving cards in the hands of affluent people who are more likely to pay their statements in full every month.
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