https://finance.yahoo.com/news/credit-card-debt-america-145050455.html
"The most shocking find to me was how many Americans carry credit card balances month to month,” Tommy O'Shaughnessy, an analyst at Clever Real Estate Analyst and the author of the report, told Yahoo Finance.
Nearly half of the respondents (47%) carried some amount of credit card debt month to month, according to the survey, with 72% of borrowers carrying more than $1,000.
“With the average 17.64% APR, that debt compounds quickly and can become unmanageable for lower income families,” O'Shaughnessy noted.
Submitted March 16, 2019 at 08:36PM by coolcomfort123 https://ift.tt/2UGWTxZ
