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BlueAlien

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BlueAlien

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Monday, 03/20/2017 5:39:30 PM

Monday, March 20, 2017 5:39:30 PM

Post# of 896
2016 American Household Credit Card Debt Study

Debt is a way of life for Americans, with overall U.S. household debt increasing by 11% in the past decade.

In December 2007, Americans had $12.37 trillion in total debt and $839 billion in credit card debt.

Total debt is expected to surpass the amounts owed at the beginning of the Great Recession by the end of 2016.

Household income has grown by 28% in the past 13 years, but the cost of living has gone up 30% in that time period.

https://www.nerdwallet.com/blog/average-credit-card-debt-household/

252023202112011074207

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