Sunday, September 19, 2021

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 More about and DebtSmart can be found in the online media kit.

Common Causes of Financial Trouble

According to the Debt Solutions of America average client profile the cause of financial problems is broken down accordingly:
Excessive Use of Credit / Over Obligation: 39%
Reduced Income / Unemployment: 24%
Poor Money Management: 15%
Divorce / Separation: 8%
Other: 14%
        Categories:  Debt,Common Trouble
        Reporting Pub:
        Reporting Date:  1/1/2000
        Article Title:  Debt Statistics
        Article Author: 
        Pub's Source:  International Credit Association
        Source URL:  View details from source

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