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| What is the total credit card debt in the U.S.? |
ask home - yahoo! - help ask yahoo! ask a question monday february 9, 2004 previous | next dear yahoo!: what is the total credit card debt in the u.s.? andreacleveland, ohio dear andrea: according tos approximately $60 billion. the average credit card interest rate is around 18.9%. approximately half of all credit card holders pay only their minimum monthly requirements. there are a total of 1.2imes a year by credit card companies. the motley fool's credit center features several more mind-blowing statistics: total consumer credit: $1.7 trillion. credit card debt carried by the averageemed credit worthy by the lending industry: 78%. number of credit card holders who declared bankruptcy last year: 1.3 million. did you know that paying off your credit card balance each monthly maymanner are actually penalized $25 per year. as this yahoo! finance article explains, a full 75% of credit card company revenues come from finance charges and responsibility is not profitable. emaile credit cards invented and first used? more questions about ·personal finance get ask your way ·email ·yahoo! toolbar · copyright © 2004 yahoo! inc. all rights reserved.n with ask yahoo! is informational only and provided "as is" without warranties, representations, or guarantees of any kind. yahoo! disclaims any and all implied warranties respecting ask yahoo!. use
http://ask.yahoo.com/20040209.html - 4k
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http://ask.yahoo.com/20040209.html
2005-12-03 18:44:28
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