The debt held by U.S. consumers plays an important role in today’s economy. In fact, a huge portion of the economic growth factor, or GDP, relies heavily on consumer debt. What follows is a dissection of consumer debt, showing how much we owe, who owns our debt, and America’s favorite credit cards.

You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved.
Published November 17, 2010 Updated: August 7, 2014
Related Links

5 responses to “Plastic Is King: Credit Card Debt in America”

  1. […] many people I pay off my credit card in full every month. Yesterday there was this interesting graphic on Credit Sesame that provided great detail on our massive credit card debt. It varies by state but […]

  2. […] http://www.flickr.com/photos/pumpkinjuice/229764922 Alaska, where you can allegedly see Russia from, has more consumer credit card debt per person than any other state in the nation, according to a new study. […]

Leave a Reply