Posted by: OhBlindOne
Posting time: 4.7 years ago on 3/10/2016 10:59:05 PM
Last edit time: never edited.
Archived on: 2/12/2017 1:51:00 AM
Views: 541
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21 upvotes, 0 downvotes (100% upvoted it)
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Archived US Credit Card Debt Balloons to nearly $1T (cnbc.com)
submitted 4.7 years ago by OhBlindOne
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[–] 4561631? 0 points 3 points 3 points (+3|-0) 4.7 years ago
If every person on the planet had a credit card, then they would each need to have 140 USD on their CC. I usually keep mine below $500.
I doubt every person has a credit card, but it does make me wonder about the top 1-5% that are raising the average debt.
[–] Iblis1 0 points 1 point 1 point (+1|-0) 4.7 years ago
I'm one of those without a credit card
[–] OcculusResurrectio 0 points 1 point 1 point (+1|-0) 4.7 years ago
But not everyone has the same amount. I actually have about $16,000 in credit card debt. Its on 0% promo rates for a while so I'm not paying interest.
view the rest of the comments →
[–] 4561631? 0 points 3 points 3 points (+3|-0) ago
If every person on the planet had a credit card, then they would each need to have 140 USD on their CC. I usually keep mine below $500.
I doubt every person has a credit card, but it does make me wonder about the top 1-5% that are raising the average debt.
[–] Iblis1 0 points 1 point 1 point (+1|-0) ago
I'm one of those without a credit card
[–] OcculusResurrectio 0 points 1 point 1 point (+1|-0) ago
But not everyone has the same amount. I actually have about $16,000 in credit card debt. Its on 0% promo rates for a while so I'm not paying interest.