Debt Crisis 

According to a recent survey more than 14% of men and women carryover $10,000 - $25,000 of credit card debt each month.
— Cardweb.com, January 11, 2007

“24% of families with credit cards hardly ever pay their balances in full.”
— Money, February 2007

 “The average credit card debt per household in 2006 was $9,525.”
— USA Today, March 13, 2007

“In the next five years, 1.4 million Americans will see their mortgage payments more than double. Already, half a million homeowners are 90 days behind on their payments.”
— Money, August 2007

There is a whopping $850 billion of credit card debt for only 88 million Americans.
— USAToday.com, viewed September 6, 2007

“…U.S. Consumer debt has reached $2.43 trillion, or about $21,900 per household, a number that has nearly doubled over the past decade.”
— SmartMoney, August 2007

$12,338 is the average credit-card debt among people who carry a balance.
— Kiplinger's, November 2006

In a worldwide survey, 22% of U.S. consumers said they have no money left after paying basic living expenses. (Portugal was the only country topping the US with 23%.)

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