Is $9000 too much in credit card debt?

Answer On One Hand: Not if You Take Home More Than $45,000.According to the Credit Union National Association, your debt should not exceed more than 20 percent of your take-home income. If you bring home ... Read More »

Top Q&A For: Is $9000 too much in credit card debt

Why are people in so much credit card debt?

People are in credit card debt for a variety of reasons. Once credit card debt builds up it becomes very difficult to pay off. Some people contact consumer credit counseling as way to receive debt ... Read More »

How much credit card debt do consumers carry?

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 »

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 »

How much credit card debt do Americans have?

The average American household has $15,519 in credit card debt, according to, as of April 2010. This figure is calculated by dividing the total revolving debt in the United States, ... Read More »