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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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Borrowing Boom

Between 2002 and 2006, household borrowing grew at an average annual rate of 11%, far outpacing overall economic growth. Borrowing by financial institutions grew by a 10% annualized rate.
        Categories:  Borrowing,Institutional Borrowing
        Reporting Pub:  The Wall Street Journal
        Reporting Date:  9/17/2008
        Article Title:  Worst Crisis Since '30s, With No End Yet in Sight
        Article Author:  Jon Hilsenrath, Serena Ng and Damian Paletta
        Pub's Source:  Federal Reserve
        Source URL:  View details from source
 

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