How Does Your Credit Card Debt Stack up Against Other People Your Age?
As of September 2018, the average amount of debt per person is $5,700. The average balance per household is $9,333. The total amount of revolving debt in the United States is $1.03 trillion. 41% of the people in the U.S. have some level of credit card debt. Have you ever wondered how your level of credit card debt stacks up against other people’s in your age group?
0 to 35 – Average...
You Are Being Sued for a Credit Card Debt… Now What?
You get an advertisement in the mail from a law firm saying a case was filed against you recently and they would like to represent you. At first, you think it is a mistake and then you keep reading. It turns out the credit card debt you have been meaning to start paying down has been sold to a debt collections agency and they are suing you for the balance. If your first instinct is to...