Credit Card Debt
The Fragile Middle Class: Americans in Debt
Array (Paperback) Yale University Press 2001-09-01
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$28.00
Answers
McCain has 100,000$. He does not drink lattes what is he spending on (and his wife)?
McCains report more than $100,000 in credit card debt
By Kevin Bogardus and Manu Raju
Posted: 06/13/08 10:20 AM [ET]
Sen. John McCain (R-Ariz.) and his wife reported more than $100,000 of credit card liabilities, according to financial disclosure documents released Friday.
The presidential candidate and his wife Cindy reported piling up debt on a charge card between $10,000 and $15,000. His wife’s solo charge card has between $100,000 and $250,000 in debt to American Express.
http://thehill.com/campaign-2008/mccains -report-more-than-100000-in-credit-card- debt-2008-06-13.html
no one answered what is and average cc debt and limit, no one even guessed what he spends on.
But you discuss significance. is not it elitism?
i think the last time i heard a report it was around 7500 for a family and 4000 for students......I am shocked that a senator would even have cc debt...seems crazy to me....why not pay cash? they obviously have the money
US issues $7 trillion debt, supply to stabilize finance.yahoo.com AP source: Census worker hanged with 'fed' on body www.google.com Moody ...
This being one of the majority contributors to the collapse of the American economy, what does the anointed one plan to do to help
the familys.
He won't address it. He can't afford to. He can't seem to be making
the voter shoulder any blame for what he has to hang on the Republicans. Personal irresponsibility is a major, major player in
this economic downturn in this country. He will not put himself
in the roll of leader. but that of only a savior.
Price: $22.95
Do you think overall most people live beyond their means?
approx. $9,328 per household with a average of 16 credit cards per household. MN,where i live, is 3rd in the nation with almost $24,000 per household in credit card debt! the national savings rate is down to -1.3% per household which is the 3rd lowest in history! the last times was at the beginning and the middle of the great depression. so why doesn't it feel like we're in a depression? because we still have room on the credit cards! borrowing from peter to pay Paul. so, yes, overall, people ARE living beyond their means.
Not including mortages, student loans..etc.
Approximately $9,200.
http://money.cnn.com/magazines/moneymag/ money101/lesson9/
Where can I get a figure on this/
Go to this site for the latest consumer statistics:
http://www.cardtrak.com/
The median household balance is $7,000 among all U.S. households who carry at least one credit card. However, if you look at just those who carry a balance (about 58% of cardholders), it's closer to $12,000.
How you can Under legal standing Get rid of Personal credit card ...
The number of many years we have been functioning, price and the cost of residing had not hit us so tough as it did in the past two years, when the economy has fallen and the overall surroundings has become very hard for us to bear. This isn’t because we’re lenient inside your investing but there are particular other causes as well. Most of the people are beneath debt now and also the amount has kept on increasing gradually. Balance can make the persons on going existence very tough as without any monetary backup one can’t survive for any lengthy time period. 1 must appear for that greatest feasible answer to regain confidence and balance in one’s personal finance.A massive number of individuals are searching for that best option and getting advice from experts which will help them in achieving their goal. The professionals can be the credit score counselors or planners that can guide you concerning your debt consolidation. The other popular applications are your debt consolidation or your debt pay out. Concerning your debt consolidation you have to collect all of the necessary information about your credit cards. That’s how 1 can make the best use of credit score cards and pay them back on time. The total debt amount on the card should be recognized towards the card holder as well as the awareness fee at which the payment is produced to the financial body. Before approaching any professional you must collect all these necessary information about your credit score card status.
...News
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