16th March 2011
It may seem shocking to you that the total debt in the US works out to be $7,800 for every citizen if we divide the total consumer debt amount of 2010 ($2.4 trillion) by the total US population. If you are also trying to cope with the burden of debt and p...
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16th March 2011
According to the 2011 reports published by CreditCards.com, nearly 609.8 million credit cards are held by US consumers. Credit card debt accounts for 98% of the total US revolving debt of $796.5 billion, as of November 2010. Moreover, the average credit c...
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16th March 2011
According to the 2010 reports of the US census bureau, the states with highest average credit card debt levels are Alaska at $7,665, Tennessee at $7,054 and Nevada at $6,517. On an average, each credit card holder in the US has a credit card debt of $5,10...
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