Tuesday, August 11, 2026

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.

Disposbale Income and Household Debt

In 1991 the country was spending 12.6 percent of its disposbale income on household debt. As of Oct. 2001 the ratio now stands at 14.1 pecent. Close to the 15 percent level that financial pros flag as the line between having debt and having a debt problem.
        Categories:  Debt,Ratios
        Reporting Pub:  My Generation (Sep-Oct 2001)
        Reporting Date:  10/1/2001
        Article Title:  Drowning in Debt
        Article Author:  Gary Belsky
        Pub's Source: 
        Source URL: 
 


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