0
0

Americans now have the highest credit card debt in history.


 invite response                
2017 Aug 7, 7:31pm   557 views  1 comment

by lostand confused   ➕follow (3)   💰tip   ignore  

http://www.marketwatch.com/story/us-households-will-soon-have-as-much-debt-as-they-had-in-2008-2017-04-03

American consumers just hit a scary milestone.

They now collectively have the most outstanding revolving debt — often summarized as credit card debt — in U.S. history, according to a report Monday released by the Federal Reserve. Americans had $1.021 trillion in outstanding revolving credit in June 2017. This beats the previous record in April 2008, when consumers had a collective $1.02 trillion in outstanding credit revolving credit.

Comments 1 - 1 of 1        Search these comments

1   Bellingham Bill   2017 Aug 8, 6:48am  

real (2017 dollars) per-capita (age 16+) revolving debt

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions