Consumer credit is an integral part of modern life and might seem like a relatively new invention. However, historical evidence shows that it has actually been around for more than 5,000 years! This informative infographic takes us on a journey through the history of consumer credit from antiquity through to modern times.

From the beginnings of General Motors Acceptance Corporation to the introduction of the Diner’s Club charge card, the history of credit has been filled with game-changing innovations.

Today, new innovations in tech are continuing to shape the consumer credit industry – and with U.S. consumer debt sitting at $13 trillion, these changes could play a role in impacting how consumers access credit both today and in the future.