3 ms·

> 16.9T of cc debt is around $5,600 per American. Total debt, not CC debt. The vast majority is mortgage debt, so "secured". According to TFA the uptick is

by danans 4y ago

> 16.9T of cc debt is around $5,600 per American. Total debt, not CC debt. The vast majority is mortgage debt, so "secured". According to TFA the uptick is due to increasing CC debt.