Credit Card DebtThings You Never Knew About Credit Card DebtThings Worth Considering |
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Do low income families have more credit card debt than high income families? A recent study says this is not so. Credit card debt generally increases with the income of debtors. However, about four percent of chapter 7 debtors report no income at the time of filing. These debtors, on average, have higher credit card debt levels than any other income range, except for debtors with incomes of more than $5,000 per month. About three percent of debtors have gross monthly incomes of more than $6,000. Average credit card debt for these high-income debtors is more than twice as high as the average for all chapter 7 debtors. Click on several of the links below on this page to compare deals on debt consolidation. Compare several sites so as to see a good range of choices.
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Working On Credit Card Debt |
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