Credit card debt (outstanding receivables) has been the villain in American financial services for so long it can be difficult to remain objective about it. General purpose credit card debt has rebounded from the purge that followed the Great Recession when it fell to $711.27 billion at the end of 2010. It reached $979.08 billion at the end of 2018. However, growth in recent years is partially attributable to two factors—increased consumer spending to earn rewards and more commercial card spending by U.S. businesses. All consumer and commercial card purchase volume (spending for goods and se...