Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts

Saturday, January 23, 2010

U.S. Credit Card Debt Approaching Trillion Dollars

Some quick facts about the U.S. debtor, hit the graphic for more:

In 1968, total U.S. consumer credit card debt was less than $8 billion. Today, it's $972 billion.

The average American with a credit file owes more than $16,000 to creditors excluding mortgages.

14% of Americans have more than 10 credit cards.

51% of the population has at least 2 credit cards.