include all consumer/mortage debt 30 days or older
2006-12-23 08:06:34 · 8 answers · asked by A V 1 in Business & Finance ➔ Personal Finance
not mine i can assure you that lol!
2006-12-23 08:09:14 · answer #1 · answered by Anonymous · 1⤊ 1⤋
God,i wish i had zero debt,havent got bad debt but a whacking great mortgage!!! I think everyone has debt unless they are born into lots of money-you need debt to have nice things in life.
2006-12-23 17:28:58 · answer #2 · answered by NATALIE W 3 · 0⤊ 0⤋
Zero percent, since every household has a debt of somekind.
You might want to rephrase it as 'what percent of us households that have 10 percent or lower of their income owed to debt?' or something llke that.
2006-12-23 17:25:13 · answer #3 · answered by E A C 6 · 0⤊ 0⤋
Lots of retirees do, or people whose kids are raised and out of the house. For younger people, I'd be surprised if there are many since they usually still have mortages, car payments, and kids at home.
2006-12-23 16:08:41 · answer #4 · answered by Judy 7 · 1⤊ 1⤋
Not very many. Even those who don't have "bad debt" (credit cards) still usually have "good debt" (mortgage and school loans)
However, debt isn't bad, especially nowadays when you have to have credit to get credit. Only debt that isn't handled responsibly is really "bad"
2006-12-23 16:17:14 · answer #5 · answered by Vadalia 4 · 1⤊ 1⤋
We owe nobody, nothing. Car paid for, rent and utilities are current, no medical bills, no court obligations, no child support owed, etc. I know how rare this is, but let me tell you it doesn't help the credit score. Having no credit cards or mortgage, etc. we do not exist.
2006-12-23 16:51:16 · answer #6 · answered by boxersgirlbunny 5 · 2⤊ 0⤋
debt is good debt helped us create wealth we own a burger king with alot of debt but we could not have bought it otherwise.
2006-12-23 19:36:52 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I would guess fewer than 2%.
2006-12-23 18:59:30 · answer #8 · answered by Nelson_DeVon 7 · 0⤊ 0⤋