Visa, Mastercard, American Express and Discover credit card receivables tied to consumer and commercial products issued in the U.S. dropped 14.9% to $866.28 billion at the end of 2020. This decline, triggered by the negative impact of Covid-19 on commercial and consumer credit card spending, marks the fourth time in the U.S. since the Great Recession when general purpose card outstandings declined. The other years were 2009 (down 10.4%), 2010 (down 8.0%) and 2012 (down 0.2%). Outstanding receivables tied to Visa, Mastercard, American Express and Discover cards as a percentage of credit card...