Consider the facts: there is over $852 billion in debt in the United States - and 98% of that debt is credit card debt.
credit card debtThe Growing American Consumer Debt CrisisTopix - Business News Tue, 04/12/2011 - 07:09
Consider the facts: there is over $852 billion in debt in the United States - and 98% of that debt is credit card debt. Alaska Leading the Way in Credit Card Debt (And Other Interestin...Digg - Business & Finance Tue, 11/23/2010 - 23:55
Here's a riddle for you: What do most adults have even though nobody wants it and Alaskans have 30% more than average Americans? Student Loans Owed Now Exceeds US Credit Card DebtDigg - Business & Finance Mon, 11/08/2010 - 20:31
The U.S. reached a very disturbing threshold this year when the amount of money owed for student loans exceeded the money piled up in credit card debt for the first time ever. 7 useful tips to overcome the credit card debt crunchDigg - Business & Finance Mon, 10/18/2010 - 19:13
When I was provided the option to spend a ton of money right away on things that I want and then pay for them later on, I was absolutely thrilled. Looking Behind the Decline in Credit Card DebtNYT > Business Fri, 09/24/2010 - 16:15
Billions in charges written off by banks could have more to do with the drop than the frugality of struggling consumers. What's Worse Than Credit Card Debt? Student LoansDigg - Business & Finance Tue, 08/17/2010 - 06:50
Do you buy a $1,000,000 home when you can only afford a $150,000 townhouse? Then why in the world would you ever let your 18-year-old kid, who is no longer allowed to get a measly credit card on their own, to walk blindly down the path of financial suicide just to go to an expensive school? Credit Card Debt in the US (Graphic)Digg - Business & Finance Wed, 03/17/2010 - 17:20
With fresh figures released this week showing the recession is forcing more and more American's to burden their credit cards with debt, Finance experts are asking whether the increasing accrued costs are manageable, or are ruining lives. Seniors racking up credit card debtDigg - Business & Finance Tue, 09/22/2009 - 04:20
Here's a statistic that should give us all pause: The average credit card debt of seniors grew by 26% between 2005 and 2008, CreditCards.com reports. The Debtor's Revolt Starts Here, Says Calif. WomanTopix - Business News Mon, 09/14/2009 - 11:19
The mortgage meltdown was bad enough, but a credit card debt meltdown has been forecast by some analysts. How Americans Got Into a Credit Card MessDigg - Business & Finance Sun, 08/09/2009 - 09:00
A new book explains how American culture and an out-of-control financial industry combined to create a mountain of credit card debt that may never be paid off. |