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What is the average household credit card debt
Posted on 7/13/15 at 3:29 pm
Posted on 7/13/15 at 3:29 pm
not interested in yours but, what do you think the average household credit card debt is?
just curious.
just curious.
Top Replies
Posted on 7/13/15 at 3:29 pm to oldcharlie8
quote:
Based on an analysis of Federal Reserve statistics and other government data, the average household owes $7,400 on their cards; looking only at indebted households, the average outstanding balance rises to $15,863. Here are statistics, trends, studies and methodology behind the average U.S. household debt.
LINK
This post was edited on 7/13/15 at 3:30 pm
All Replies (44)
Posted on 7/13/15 at 3:29 pm to oldcharlie8
10-15k for the average person I'd say.
Posted on 7/13/15 at 3:29 pm to oldcharlie8
quote:
Based on an analysis of Federal Reserve statistics and other government data, the average household owes $7,400 on their cards; looking only at indebted households, the average outstanding balance rises to $15,863. Here are statistics, trends, studies and methodology behind the average U.S. household debt.
LINK
This post was edited on 7/13/15 at 3:30 pm
Posted on 7/13/15 at 3:29 pm to oldcharlie8
I'm pretty consistent at 10,000
Posted on 7/13/15 at 3:36 pm to oldcharlie8
Mine is zero. Always has been always will be.
Posted on 7/13/15 at 3:38 pm to constant cough
quote:
What is the average household credit card debt
quote:
Mine is zero. Always has been always will be.
Good for you? Now if you could only learn how to read a question and respond, they might let you play with the glue.
Posted on 7/13/15 at 3:39 pm to constant cough
quote:you don't use credit cards or you just payoff the balance each period?
Mine is zero. Always has been always will be.
Posted on 7/13/15 at 3:41 pm to oldcharlie8
Credit card debt? $0
Other debt? Who knows
Other debt? Who knows
Posted on 7/13/15 at 3:43 pm to tgrbaitn08
Holy schnikes!
I am one who pays it off, but can see maybe a bad month where some might have to leave a balance. So i can see an average of 2-3 grand maybe. But 15k @ 15%-25% interest would seriously hurt me. How do people get into that kind of situation?
I am one who pays it off, but can see maybe a bad month where some might have to leave a balance. So i can see an average of 2-3 grand maybe. But 15k @ 15%-25% interest would seriously hurt me. How do people get into that kind of situation?
Posted on 7/13/15 at 3:47 pm to oldcharlie8
Never messed with major credit cards... I have a credit card to the bank I use as overdraft protection
$300/dollar limit
$300/dollar limit
Posted on 7/13/15 at 3:51 pm to SidewalkDawg
quote:
10-15k for the average person I'd say.
Posted on 7/13/15 at 3:52 pm to Artie Rome
quote:
Good for you? Now if you could only learn how to read a question and respond, they might let you play with the glue.
#DebtTriggerddddd
Posted on 7/13/15 at 3:55 pm to oldcharlie8
10-15K ??
Are people really this stupid?
Are people really this stupid?
Posted on 7/13/15 at 4:02 pm to Crawdaddy
Have ya'll seen the number of brand new boats being pulled around by brand new trucks and other shiny toys? Yes, people are in debt all over the place.
That said, using a rewards CC that gets paid off every month is a smart move IMO.
That said, using a rewards CC that gets paid off every month is a smart move IMO.
Posted on 7/13/15 at 4:08 pm to weagle99
About $5,000 at my house...
Posted on 7/13/15 at 4:10 pm to constant cough
quote:
Mine is zero. Always has been always will be.
Posted on 7/13/15 at 4:13 pm to weagle99
Driving down Gardere today and saw a brand new Cadillac CTS coupe in a shady meat market parking lot. That's surely believable.
Posted on 7/13/15 at 4:27 pm to Sev09
keep mine at zero, the girlfriend normally carries a couple thousand. nothing like that though.
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