Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

you are viewing a single comment's thread
view the rest of the comments
[–] 5 points 3 years ago

Debt to income ratio is key. However, I believe that parameter would be more difficult to estimate.

  • source
  • parent