Comments on: What’s The Average Credit Card Debt In America? http://amateurassetallocator.com/2009/11/05/whats-the-average-credit-card-debt-in-america/ Amateur Asset Allocator Sat, 13 Mar 2010 14:32:54 +0000 http://wordpress.org/?v=2.9 hourly 1 By: ILD Payment Solutions Blog http://amateurassetallocator.com/2009/11/05/whats-the-average-credit-card-debt-in-america/comment-page-1/#comment-6394 ILD Payment Solutions Blog Thu, 17 Dec 2009 16:12:55 +0000 http://amateurassetallocator.com/?p=2836#comment-6394 [...] 2008, the average credit card debt in America of households was $10,679 (and likely higher in 2009).  If some of these households now can only make minimum monthly [...] [...] 2008, the average credit card debt in America of households was $10,679 (and likely higher in 2009).  If some of these households now can only make minimum monthly [...]

]]> By: Eliminating Credit Card Debt For Dummies - Amateur Asset Allocator http://amateurassetallocator.com/2009/11/05/whats-the-average-credit-card-debt-in-america/comment-page-1/#comment-6091 Eliminating Credit Card Debt For Dummies - Amateur Asset Allocator Thu, 19 Nov 2009 11:03:15 +0000 http://amateurassetallocator.com/?p=2836#comment-6091 [...] and title loans.  Approximately 73% of all American households possess a credit card, with the average credit card debt of households with at least one credit card at the end of 2008 reaching $10,679.  What’s [...] [...] and title loans.  Approximately 73% of all American households possess a credit card, with the average credit card debt of households with at least one credit card at the end of 2008 reaching $10,679.  What’s [...]

]]> By: » QuickHits: The 5 Easy Ways to Get Free Personal Finance Updates from PT Money | PT Money http://amateurassetallocator.com/2009/11/05/whats-the-average-credit-card-debt-in-america/comment-page-1/#comment-6025 » QuickHits: The 5 Easy Ways to Get Free Personal Finance Updates from PT Money | PT Money Sun, 08 Nov 2009 06:42:37 +0000 http://amateurassetallocator.com/?p=2836#comment-6025 [...] interesting finds: Finding Financial Treasure What’s the Average Credit Card Debt in America? My Wallet Gets Beer Goggles Too Are You an Expert on Personal Money Management? Don’t Lose [...] [...] interesting finds: Finding Financial Treasure What’s the Average Credit Card Debt in America? My Wallet Gets Beer Goggles Too Are You an Expert on Personal Money Management? Don’t Lose [...]

]]> By: Financial Samurai http://amateurassetallocator.com/2009/11/05/whats-the-average-credit-card-debt-in-america/comment-page-1/#comment-6015 Financial Samurai Fri, 06 Nov 2009 12:09:09 +0000 http://amateurassetallocator.com/?p=2836#comment-6015 Wow, that's a lot if that's true, hence why I don't believe the statistic. How could the average household have $10K in CC debt, when the average household makes less than $60,000/yr? The ratio seems whacked. Interesting info though. Feed those credit cards all your money, but don't turn it around and hate on them if you do! :) FS Wow, that’s a lot if that’s true, hence why I don’t believe the statistic.

How could the average household have $10K in CC debt, when the average household makes less than $60,000/yr? The ratio seems whacked.

Interesting info though. Feed those credit cards all your money, but don’t turn it around and hate on them if you do! :)

FS

]]> By: Kevin M http://amateurassetallocator.com/2009/11/05/whats-the-average-credit-card-debt-in-america/comment-page-1/#comment-6009 Kevin M Thu, 05 Nov 2009 14:50:39 +0000 http://amateurassetallocator.com/?p=2836#comment-6009 You're talking averages, but that takes people like me (-0- credit card debt) into account. Did they give a mean number? It would be interesting to see if that was anywhere close to the average. 14% is a lot of money to debt service, imagine if those people could save it for retirement or something useful instead? You’re talking averages, but that takes people like me (-0- credit card debt) into account. Did they give a mean number? It would be interesting to see if that was anywhere close to the average.

14% is a lot of money to debt service, imagine if those people could save it for retirement or something useful instead?

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