Alaska Leads Nation in Credit Card Debt, by a Wide Margin
Alaskans carried $7,012 in credit card debt in Q4 2012, on average, way ahead of Connecticut residents who owed $5,820; Iowans had the lowest debt average....
Tag: credit card debt
Americans Cut Back on Credit Card Debt, Take on More Auto and Student Loans
The latest Federal Reserve data show that Americans have taken on more student debt and auto loans in December, but have reduced their credit card debt....
Younger Americans Take on More Credit Card Debt, Pay It off Slower
Young Americans are borrowing more than their parents and grandparents, but raising the minimum payment rate to 5 percent could make the difference disappear....
Americans Take on More Student Debt, Auto Loans, Cautious with Credit Cards
The latest Federal Reserve data show that the U.S. consumer credit card debt total has increased modestly in November; auto loans and student debt have spiked....
Americans Still Cautious with Their Credit Cards, Less so with Student Loans
The latest Federal Reserve data show that the U.S. consumer credit card debt total has increased in October, as has the overall level of indebtedness....