The Growing American Consumer Debt Cr...

The Growing American Consumer Debt Crisis

There are 4 comments on the www.creditloan.com story from Apr 12, 2011, titled The Growing American Consumer Debt Crisis. In it, www.creditloan.com reports that:

Consider the facts: there is over $852 billion in debt in the United States - and 98% of that debt is credit card debt.

Join the discussion below, or Read more at www.creditloan.com.

just candid

AOL

#1 Apr 12, 2011
We always knew there were a lot of fools out there, but I for one had no idea there were so many. Pay the durn card off every month and don't use it unles you can do that.

Since: Jun 11

Philippines

#3 Jun 3, 2011
Yes! And with that growing numbers come the student loans that most will take years and years before they finish paying off.

Since: Aug 11

Location hidden

#4 Sep 27, 2011
With the present economic situation, one of the best options for people is to use their credit cards which brought about the 98% debt. It is harder for credit card owners to pay off their credit because they don't have the money. This is really a growing concern for the Americans.
Idalina

London, UK

#6 Mar 26, 2014
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