Debt Free America
Doing Your Part
Looking for a debt free America? Well, it might take awhile to find it. Check out the following stats to see why:
- The total balance of all U.S. credit cards stands at $665 billion
- The average American household carries over $9,300 in credit card debt
- According to the American Bankers Association, 4.81% of all accounts are past due by 30 days or more
As you can see, getting America to become debt free is no small feat. To achieve a debt free America, Americans need to be educated about debt. Most people who want us to be a
Unfortunately, that's not likely to happen. It will probably have to happen one American at a time. The good news is that it wasn't that long ago that the total balance of all U.S. credit cards was over $800 billion. Not only that, but the average American household credit card balance was over $12,000. So, we are headed toward a
All material copyright © 2008 Debt Champion. All rights reserved.
About Us | Contact Us | Site Map | What's New | View as RSS

