The Saving Advice Forums - A classic personal finance community.

Credit Card Debt - State by State

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Credit Card Debt - State by State

    Found this tonight over at Plasticeconomy.com

    Add more credibility to your site - get a premium domain today. Straight-forward shopping experience.


    Kind of intresting!

  • #2
    Re: Credit Card Debt - State by State

    I'm helping to bring down the average balance in PA.

    Comment


    • #3
      Re: Credit Card Debt - State by State

      Thanks Trillium for this interesting site!!!! This information can help a lot of people and it's free!

      Comment


      • #4
        Re: Credit Card Debt - State by State

        Well, Georgia is one of the lower states.

        Comment


        • #5
          Re: Credit Card Debt - State by State

          From the site:

          "This data is coming to you in real-time. Please keep in mind that this data is from a small number of users and should not (yet) be a representation of American credit card debt as a whole. This is for educational and research purposes only."

          Interesting, but the info is only coming from those people who have signed up for whatever service they offer - definitely not representative of the US as a whole. It might be higher than reality if people with $0 balances are not signing up (which they probably wouldn't need this service). Likewise, I'm sure there are plenty of people with $50k balances who don't sign up either.

          Comment


          • #6
            Re: Credit Card Debt - State by State

            The data reflects only people who register with the site and report their information, so it's not exactly comprehensive and may not be representative.

            Comment


            • #7
              Re: Credit Card Debt - State by State

              Wow interesting article.

              Comment


              • #8
                Re: Credit Card Debt - State by State

                Interesting, what is going on in Colorado????

                Comment


                • #9
                  Re: Credit Card Debt - State by State

                  I was wondering the same thing as fairy74. Why is Colorado so heavily into debt?

                  Comment


                  • #10
                    Re: Credit Card Debt - State by State

                    Originally posted by mrvirgo
                    I was wondering the same thing as fairy74. Why is Colorado so heavily into debt?
                    ever been to CO?- so MUCH to do. Skiing and white water rafting. That is where I'm moving once we retire.

                    Comment


                    • #11
                      Re: Credit Card Debt - State by State

                      As mentioned before, this site is not comprehensive. The data only reflects the cc balances of the people who signed up. I would by no means take this as a representative of the entire US population. You have no idea how big the sample is - it could be 2 people in a given state, or 2000. And I am guessing that the reason some states are not representated is that no person in Alaska, for example, signed up for this service.

                      Comment

                      Working...
                      X