2007-08-23 01:59:08 · 9 answers · asked by hamster 2 in Business & Finance ➔ Credit
The average American household owes $12,000 in credit card debt.
(ouch)
2007-08-23 07:46:19 · answer #1 · answered by YSIC 7 · 0⤊ 0⤋
I read something the other saying that the average credit card debt is about 15% of persons yearly income. Which is alot more useful then say just a giving a number. Because if the average debt is 6k, to some people that is nothing, and to others it is all the money in the world.
2007-08-23 02:38:40 · answer #2 · answered by Anonymous · 0⤊ 1⤋
own debt happens for all sorts of motives- practise costs, scientific subject concerns, loss of employment, and easy overspending. The banks truthfully could desire to cut back costs and supply human beings some respiration room, it incredibly is a certainty yet i do no longer think of forgiving debt for purchasers is the respond. I stay in Fla too, and don't understand what the relationship to 9-11 is till your employment became into someway effected? fairness isn't a controversy interior the "actual" person international, and the only factor we can do is vote in a various way interior the destiny quite of giving our united states of america away to morons as we've interior the previous.
2016-11-13 05:57:24 · answer #3 · answered by ? 4 · 0⤊ 0⤋
I was wondering the same thing.
I think my husband and I have about 20% credit card debt.
Personally I think its about right.
2007-08-23 06:47:31 · answer #4 · answered by Annie 2 · 0⤊ 0⤋
Actually, recently, it has risen to almost 10 grand...
The others are siting data 3 years old.
www.cardweb.com
2007-08-23 02:14:13 · answer #5 · answered by Mike 6 · 1⤊ 1⤋
what ever it is it is too much live without credit cards !
2007-08-23 02:06:46 · answer #6 · answered by Anonymous · 2⤊ 1⤋
way too much! - Many peoples are living over their limits.
80 % of the cars sold in the US are financed ...
2007-08-23 03:39:01 · answer #7 · answered by Vampir V 3 · 0⤊ 1⤋
Roughly $6,000.
2007-08-23 02:11:02 · answer #8 · answered by tom 6 · 0⤊ 1⤋
Here ya' go...
http://ask.yahoo.com/20040209.html
http://moneycentral.msn.com/content/Banking/creditcardsmarts/P74808.asp
2007-08-23 02:11:17 · answer #9 · answered by mister_galager 5 · 0⤊ 2⤋