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Since you seem knowledgeable about this, what is the amount of credit card debt available to the median American above what they already carry?
by xiaoma 9y ago
Since you seem knowledgeable about this, what is the amount of credit card debt available to the median American above what they already carry?
- balls187 9y agoAbove what they carry is irrelevant. American's can get themselves on average up to 5-7k of debt[1], it's reasonable assumption that if one was determined, they could get $10k in credit. https://www.valuepenguin.com/average-credit-card-debt https://www.valuepenguin.com/average-credit-card-debt
- xiaoma 9y agoI can say from first-hand experience a few years ago that your assumption—which you presented as fact—is false.