Credit Card Debt

American Credit Card Debt Statistics


Credit Card Debt


Credit card debt woes grow; Americans falling behind on payments.(Business): An article from: Winnipeg Free Press [H] [T] [M]

Gale Reference Team (Digital) Thomson Gale 2007-12-24
Release date: 2007-12-27


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USA Consumer Debt Statistics


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Looming Crisis: America's Credit Card Debt Bubble-Burst

If you are one of the millions of Americans locked into long term debt service, your road to debt serfdom was likely paved by a mortgage, home equity loan, credit cards, or a combination of all three.

When the U.S. economy began to melt down in 2007 and entered a rapid period of decline in 2008, all eyes were fixed on the subprime mortgage crisis. Though the mortgage crisis, triggered by spurious lending practices and unprecedented risky investment bank practices, was undoubtedly the dominant factor affecting the American consumer in 2008, credit card debt and default was also making a contribution to the deteriorating economy and collapsing standard of living. As the subprime mortgage...

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News

Citi February Credit Delinquencies Rise

Barron's (blog) - Mar 16, 2010

I believe if you are prudent that in all likelihood you will never get into serious credit card debt barring a disaster like huge medical expenses. and more »
Signs of pick-up in credit card debt

Sydney Morning Herald - Mar 12, 2010

The latest credit card statistics from the Reserve Bank of Australia (RBA), released on Friday, are tentatively good news in that regard. and more »
Banking and Finance : Unsecured Debt Relief Services - The Best Way To Locate ...

SkyNewswire.com - Mar 11, 2010

Banking and Finance : Unsecured Debt Relief Services - The Best Way To Locate ... KVALA genuine credit card debt reduction program should really have the ability to get rid of at least 50% of the debt. It's crucial that you simply do not just Declining Debt from Charge-Offs, Not Pay-OffsGeneral Interest : Personal Debt Relief Services - Tips to Find The Top all 369 news articles »
Credit-Card Fees: the New Traps

Wall Street Journal - Feb 20, 2010

The banks could be hurt further as consumers try to clean up their finances, especially high-cost credit card debt. The average American was running a Facts about Credit Card Debt in the United StatesCredit crackdownall 762 news articles »
New rules or not, consumers pile up debt with credit cards

Brownwood Bulletin - Mar 07, 2010

New rules or not, consumers pile up debt with credit cards KVALGiven the heightened interest among the general public with regard to the amount of the national debt, US household credit card debt nearly tripled from CARD act causes credit controversyall 242 news articles »
Consumer Credit in US Rises for First Time in Year

BusinessWeek - Mar 06, 2010

The figures track credit card debt and non-revolving loans, including those for automobile purchases. Stocks rose after the report indicated that some banks and more »
Asia's Tourists Hit the Beaches, Warming Region's Economy

Wall Street Journal - Mar 15, 2010

Asia's Tourists Hit the Beaches, Warming Region's EconomyBut more intra-Asian travel helps to ameliorate the sluggish travel recovery among Western consumers as they pay off home loans and credit-card bills. and more »