Experian: Average credit card debt in Albuquerque is $27,097

There are 7 comments on the New Mexico Business Weekly story from Sep 23, 2010, titled Experian: Average credit card debt in Albuquerque is $27,097. In it, New Mexico Business Weekly reports that:

Albuquerque consumers have an average credit card debt of $27,097, according to a report from information services company Experian .

Join the discussion below, or Read more at New Mexico Business Weekly.

iggy

Albuquerque, NM

#1 Sep 23, 2010
That is insane. Please tell us it is not true.
nonsense

Albuquerque, NM

#3 Dec 18, 2010
That is totally BS. I know dozens of friends who have no balances at all. Only person I know of who ever had a large balance was an idiot who went out to eat every single night and bought a new car every year. They also weighed in at 300lbs(getting the most for your debt- eh?)

economic darwinism
Cowboy Up

Santa Fe, NM

#4 Dec 18, 2010
nonsense wrote:
That is totally BS. I know dozens of friends who have no balances at all. Only person I know of who ever had a large balance was an idiot who went out to eat every single night and bought a new car every year. They also weighed in at 300lbs(getting the most for your debt- eh?)
economic darwinism
I worked in Automotive finance in ABQ. I looked at peoples credit reports everyday. Doesn't surprise me. I've seen balances upward of 40K on a regular basis. People get carried away with immediate gratification. Have six or seven cards with several thousand a piece on them.
CornDogz

Albuquerque, NM

#5 Dec 18, 2010
My balance is $24 & change as I just bought a tank of gas at Sam's. Huge CC debt is just plain stupid, no excuse for it, none whatsoever.

And then we are bombarded by companies who claim to get you out of 80%-90% of your CC debt. Whom do you think it is that pays for that? Why those of us who are responsible CC users of course!
Isadora

London, UK

#7 Mar 26, 2014
This is the first time I had ever applied for a loan. I couldn't have asked for anything more from the staff that answered any of my questions to the application process. Once this had all been completed the money was transferred quickly into my account. I will definitely be recommending 911PDAY .COM ( http://goo.gl/OfrBxM ) too my friends and family.
truth

Rio Rancho, NM

#8 Mar 30, 2014
I call BS on this.
and

Santa Fe, NM

#9 Mar 30, 2014
truth wrote:
I call BS on this.
it is an old news story from 2010, revived by some scamming spammer who tagged dozens of threads.

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