How much credit card debt do consumers carry?

Answer Statistics on American credit card debt are calculated per household and, according to MSN Money, the average American household carries $8,000 in credit card debt as of 2010--more than twice the a... Read More »

Top Q&A For: How much credit card debt do consumers carry

How much credit card debt do comsumers carry?

According to research compiled by, as of March 2010 the average credit card debt per household was $15,788. The U.S. revolving debt, of which 98 percent is credit card debt, totaled... Read More »

Why do credit card companies sue consumers?

A credit card company will forward your account to a collection agency if they cannot get you to pay your past due debt. The collection agency will attempt collection activities and will pursue mor... Read More »

Consumers' Rights in Credit Card Fraud?

Credit card fraud, the fastest growing white-collar crime, cost U. S. consumers over 50 billion dollars in 2009, according to Penelope Salt, writing on Credit card crime the same year a... Read More »

Can personal property or a paid off condominium be taken by a debt collector to pay off credit card debt in Pa?

Creditors may certainly look to seize/attach your assets of most types to pay the debts you promised or obligated to pay and don't. They also get to recover any costs for having to act to have you ... Read More »