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 Fri, 10 Feb 2012 18:16:33 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Mark http://amateurassetallocator.com/2009/11/05/whats-the-average-credit-card-debt-in-america/comment-page-1/#comment-15520 Mark Sat, 28 May 2011 22:30:49 +0000 http://amateurassetallocator.com/?p=2836#comment-15520 I shot this over to my friends. Good information on the average credit score here in America. I think the average home has about 15k in debt too though. I shot this over to my friends. Good information on the average credit score here in America. I think the average home has about 15k in debt too though.

]]> 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?

]]>