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To: johniegrad

Honestly, it seems a little low to me but I would guess it depends on region. Still though, 15K plus the high rates has to be a killer.


31 posted on 04/01/2015 2:37:10 PM PDT by Ghost of SVR4 (So many are so hopelessly dependent on the government that they will fight to protect it.)
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To: Ghost of SVR4
Still though, 15K plus the high rates has to be a killer.

I think that figure obscures as much as it illuminates. I have seen figures that 30-50% of credit card holders do not carry a balance, and that those very high credit card debt figures are skewed to a very small percentage that have very high balances.

34 posted on 04/01/2015 3:30:27 PM PDT by Fraxinus (My opinion, worth what you paid.)
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