What is the average u.s. household debt?

Answer The average U.S. household is about $18,654 in debt, not including mortgage debt, and carries $8,000 in credit card debt. Roughly 43 percent of American families spend more than they earn each year... Read More »

Top Q&A For: What is the average u.s. household debt

What is the average US household debt?

On average, Americans reduced debt slightly during 2009. According to the Wall Street Journal, however, the average debt is still $43,874 per U.S. resident, or $113,634 per household. This is base... Read More »

What is the average credit card debt per household?

As of December 31, 2008 the average household in the United States had $8,329 of credit card debt. Not all households have credit cards, and not all households with credit cards have credit card ba... Read More »

What is household debt?

Household debt is a financial term related to how much debt a household carries. The financial industry tracks and analyzing many kinds of debt, but this is the only category of debt that is relate... Read More »

Facts About Household Debt?

Household debt has been a problem for many people since ancient times when you could be put in jail for your debts and be owned by your creditors who would consider you chattel until your debts wer... Read More »