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The Water Cooler
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Check Your Bank Account !!!! Look Out!!!!!!!
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<blockquote data-quote="CHenry" data-source="post: 2015107" data-attributes="member: 6281"><p>CC are a bad idea for a large part of our population. Banks are like vampires and I hate them in general too much to use any of their services that I dont have to.</p><p><a href="http://www.nerdwallet.com/blog/credit-card-data/average-credit-card-debt-household/" target="_blank">http://www.nerdwallet.com/blog/credit-card-data/average-credit-card-debt-household/</a></p><p><em>Credit card debt is the third largest source of household indebtedness, averaging $7,193 per household as of October 2012. Only the ~$8 trillion mortgage debt market, and the ~$1 trillion student loan debt market are larger.</em></p><p><em></em></p><p><em>Indebted American households have a substantial amount of credit card debt: of the estimated 46.7% of households that carry a balance, the average debt is a whopping $15,418 as of October 2012, an increase of 0.59% from September and 0.23% from October 2011.</em></p></blockquote><p></p>
[QUOTE="CHenry, post: 2015107, member: 6281"] CC are a bad idea for a large part of our population. Banks are like vampires and I hate them in general too much to use any of their services that I dont have to. [url]http://www.nerdwallet.com/blog/credit-card-data/average-credit-card-debt-household/[/url] [I]Credit card debt is the third largest source of household indebtedness, averaging $7,193 per household as of October 2012. Only the ~$8 trillion mortgage debt market, and the ~$1 trillion student loan debt market are larger. Indebted American households have a substantial amount of credit card debt: of the estimated 46.7% of households that carry a balance, the average debt is a whopping $15,418 as of October 2012, an increase of 0.59% from September and 0.23% from October 2011.[/I] [/QUOTE]
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