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re: U.S. credit card debt stands at a record of nearly $1 trillion
Posted on 5/15/23 at 11:31 am to RLDSC FAN
Posted on 5/15/23 at 11:31 am to RLDSC FAN
First, understand that the average credit card interest rate is ~20%. With that knowledge at the forefront of your mind, look at credit card debt:
This is not the path to success.
This is not the path to success.
3
Posted on 5/15/23 at 11:41 am to Bard
What the hell happened in 2010 that caused that jump?
Any idea if this is carrying balance, or does it also factor in those that run up a couple grand on credit cards every month, then pay them off on the statement due date?
quote:
The average balance rose to $5,733 over that same period, TransUnion found.
Any idea if this is carrying balance, or does it also factor in those that run up a couple grand on credit cards every month, then pay them off on the statement due date?
Posted on 5/15/23 at 12:20 pm to Bard
quote:
This is not the path to success.
Posted on 5/15/23 at 4:00 pm to Bard
would like to see this chart along side the cost increase of cell phone/Iphones.......but yet this country continues to destroy the oil industry for excessive profits.
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