Comments on: Our Country is in Love With Debt http://www.moneycrashers.com/our-country-is-in-love-with-debt/ Personal Finance Blog, Your Guide to Financial Fitness Thu, 09 Feb 2012 19:29:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Philhttp://www.moneycrashers.com/our-country-is-in-love-with-debt/#comment-750 Phil Wed, 08 Mar 2006 17:42:50 +0000 http://moneycrashers.com/?p=46#comment-750 Scary stats, but probably the wrong ones. Between someone with $100K in credit card debt and myself, we have an average of $50K. I have none. The important number is median debt and median interest paid. The other important statistic is why-- is it because they incurred huge healthcare bills, or because they can't get enough plasma TVs? Scary stats, but probably the wrong ones. Between someone with $100K in credit card debt and myself, we have an average of $50K. I have none. The important number is median debt and median interest paid.

The other important statistic is why– is it because they incurred huge healthcare bills, or because they can’t get enough plasma TVs?

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