4 ms·
Most people you know have 9 loans?
by corin_ 16y ago
Most people you know have 9 loans?
- joshuacc 16y agoThat was an example of a common distribution. Some of the debts are things like a $500 credit card balance. Of course, I was thinking mostly young married couples, so it may not hold outside that demographic.
- philwelch 16y ago9 semesters of college on loans is 9 loans. Sometimes 18.
- corin_ 16y agoAh, in the UK you just pick up a single student loan to cover all your tuition. Thinking of most people I know whose finances I roughly know about... I'd say the average is one credit card (probably just $500-$1000 limit, not neccesarily maxed out, often paid off in full each month), no general loans, and a mortage and/or student loan depending on their need for them.