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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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Debt vs. Income

The amount that Americans owe on loans for houses, cars, credit cards, and other purchases adds up to nearly 100% of their annual income after taxes. That's up from 75% in 1992, after the last recession ended.
        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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