Average American Household Debt Estimated To Be $90K

Geo Beats 2016-05-13

Views 104

The average American household is over $90,000 in debt. Limited to debtors, the average rises to a staggering $130,922--with $15,762 of that from credit cards alone--according to figures published by the consumer finance website NerdWallet.


The average American household is over $90,000 in debt, reports TIME.  
Limited to debtors, the average rises to a staggering $130,922--with $15,762 of that from credit cards alone--according to figures published by the consumer finance website NerdWallet. 
Such debt also includes student loans, auto loans and mortgages. 
So, why do Americans have so much debt?
The largest single contributor seems to be
Show more

Share This Video


Download

  
Report form
RELATED VIDEOS
Korea's household debt estimated at over US$980 bil. in 2014
play
01:37

Korea's household debt estimated at over US$980 bil. in 2014
Korea's household debt estimated at over US$980 bil. in 2014
play
01:47

Korea's household debt estimated at over US$980 bil. in 2014
Mosquito activity estimated to be above-average along US East Coast
play
00:43

Mosquito activity estimated to be above-average along US East Coast
Figuring two hours per week of training, since that was the average reported by runners in the Cooper Institute study, the researchers estimated
play
02:22

Figuring two hours per week of training, since that was the average reported by runners in the Cooper Institute study, the researchers estimated
An estimated 1.1 million households in the United States file for bankruptcy each year(1)
play
01:21

An estimated 1.1 million households in the United States file for bankruptcy each year(1)
An estimated 1.1 million households in the United States file for bankruptcy each year
play
01:21

An estimated 1.1 million households in the United States file for bankruptcy each year
An estimated 25% U.S. households use a financial planner to help manage their finances(1)
play
01:03

An estimated 25% U.S. households use a financial planner to help manage their finances(1)
An estimated 6% of the households located in Europe utilize VoIP programs(1)
play
00:59

An estimated 6% of the households located in Europe utilize VoIP programs(1)
An estimated 98% of all U.S. households own a vacuum cleaner(1)
play
01:15

An estimated 98% of all U.S. households own a vacuum cleaner(1)
Figuring two hours per week of training, since that was the average reported by runners in the Cooper Institute study, the researchers estimated
play
02:22

Figuring two hours per week of training, since that was the average reported by runners in the Cooper Institute study, the researchers estimated
An estimated 1.1 million households in the United States file for bankruptcy each year(1)
play
01:21

An estimated 1.1 million households in the United States file for bankruptcy each year(1)
TRS Govt Increasing Estimated Cost For Every Project, Burden Public With Debts _ V6 News
play
06:05

TRS Govt Increasing Estimated Cost For Every Project, Burden Public With Debts _ V6 News