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Credit Card and Debt Statistics Database
by Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.
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Payments and Disposable Income

When rates fall, the cost of servicing debt should fall, too. Yet the Federal Reserve says that household debt-service payments were more than 14% of disposable income in the first quarter, near the highest level in 22 years.
        Categories:  Debt,Ratios
        Reporting Pub:  NEWS ANALYSIS
        Reporting Date:  8/3/2002
        Article Title:  Consumer Credit: Is a Crunch Coming?
        Article Author:  By Peter Coy and Heather Timmons in New York, with Brian Grow in Atlanta, David Welch in Detroit, and Mike McNamee in Washington
        Pub's Source:  Business Week Online
        Source URL:  View details from source
 

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