Posted on
April 21, 2010
at
4:11 am
how much credit card debt does the average american haveand how many file bankruptcy because of it?
Posted on
April 21, 2010
at
4:23 am
how much credit card debt does the average american haveand how many file bankruptcy because of it?-- Wow Felipe, that's a complex question, and not being an economist or a banker, even a statistician... I don't know the accurate answer. However, I've read from one of the threads here, that the average Americans carry more than $8,000 in credit card debt.
Posted on
April 21, 2010
at
5:19 am
how much credit card debt does the average american have--But the Federal Reserves in 2001 said, "Only about 1 in 20 American households owes $8,000 or more on credit cards."
Posted on
April 21, 2010
at
5:22 am
RE: how much credit card debt does the average american have---To add to that, "=Only 29% of households owe $1,000 or more on their cards.=21% owe $2,000 or more.=6% owe $8,000 or more.=4% owe $10,500 or more.=1% owe $21,400 or more." :::: Bill Whitt at the VIP Forum, a Washington D.C. research firm
Posted on
April 21, 2010
at
5:34 am
RE: how much credit card debt does the average american have--And this is from the Fair Isaacs:=About 48% of credit card holders owed less than $1,000=About 10% of card holders had total card balances in excess of $10,000.=More than half of all people with credit cards use less than 30% of their total credit card limit.=Just over 1 in 8 people use 80% or more of their credit card limit. ::: (from MSN central)
Posted on
April 21, 2010
at
5:37 am
how much credit card debt does the average american haveand how many file bankruptcy because of it? -- In 2003,
1.6 million personal filings, according to the American Bankruptcy Institute
Posted on
April 21, 2010
at
6:59 am
So ... I think that before it gets to the point of filing bankruptcy or even considering it, the consumer should look into debt relief. The credit implication is not as huge as it used to. Creditors recently received a bailout package from the government to encourage them to be more receptive to consumers that are wanting to settle.
Posted on
July 30, 2010
at
3:56 am
You should google such questions.
